POPLAR BLUFF, Mo. — U.S. Senator Claire McCaskill visited the largest producer of steel nails in the country this week, which happens to be right here in Missouri.
She discusses the impact tariffs are having on businesses.
“It doesn’t matter with the tariffs, people are still going to cheat,” McCaskill said. “And that should be our first priority. How can we do a better job of enforcing the laws that are on the books on a sustained basis of that companies like this don’t suffer.”
The company, Mid Continent Nail Corporation, is in Poplar Bluff, but it’s headquarters are in Mexico.
The nail manufacturer in Poplar Bluff laid off dozens of employees in June and it’s possible the situation could get much worse.
They’ve submitted an exemption with the commerce department.
McCaskill said in a recent hearing that the regulatory burden is extreme on small businesses.
In March, the Trump Administration announced 25 percent tariffs on steel and 10 percent tariffs on aluminum.