In a recent NJ Spotlight News interview about the Trump administration’s latest round of tariffs taking effect later this week, NJBIA President & CEO Michele Siekerka said New Jersey businesses are increasingly challenged by tariff policy that is changing too fast.
“Let's just start and focus on manufacturing, because this is the biggest impact,” Siekerka told NJ Spotlight’s Briana Vannozzi. “The goals of the tariffs are to drive more manufacturing back to the United States. The challenge is this is all happening too fast.
“So, while the ultimate goals may be great for the idea of creating new opportunity and jobs back home, we need a bigger pathway to get there, a longer runway to get there,” Siekerka said. “We don't have enough workforce here and we have critical manufacturing inputs that we don't make in America, that we must source from elsewhere. I'm just going to tell you that 56% of U.S. imported goods support manufacturing.”
Go here to watch the entire interview.