Local Nail Company says They Are Suffering under Trump Administration’s Tariffs


POPLAR BLUFF, Mo. — We’re hearing for the first time from a general manager at a nail company in southeast Missouri who claims that the Trump administration’s steel tariffs are severely hurting his business.

Chris Pratt from Mid-Continent Steel and Wire says 60 employees were laid off this month after their customers have canceled 50 percent of their orders because the price of their products have jumped up since the steel tariffs started.

The company is the largest U.S. nail manufacturer and employs hundreds of people in Poplar Bluff.

“The low priced import nails that we are having to compete with that is not apart of the section 232 tariff has forced our customers to start seeking product in those areas going away from the U.S. manufactured product that supports our local industry and jobs,” Pratt said.

The company is now pushing lawmakers in Missouri to exclude their raw materials from the tariff list.

Copyright 2020 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Local Sports

More Local Sports

National News

More National

World News

More World News

Trending Stories

Washington DC Bureau

Washington DC Bureau

Newsfeed Now

More Newsfeed Now

TLC Properties