Josh Smith - "Tariff This" - EP 99. The Josh Smith Show
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Josh Smith - "Tariff This" - EP 99. The Josh Smith Show
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This episode of The Josh Smith Show dives into the messy and current world of tariffs and how they’re hitting businesses Montana Knife Company hard. Josh breaks down the real impact: a 50% tariff on European steel, potentially the only option after Crucible Technologies went bankrupt. Last year, a 36% tariff would’ve added over half of a million dollars to MKC’s steel bill alone. Then there’s the German-made bevel grinders, essential for their new 51,000 sq. ft. Montana facility, facing 30-50% tariffs that could turn a $400,000 machine into $600,000.Josh argues tariffs on finished goods like knives make sense, but taxing raw materials and equipment unavailable in the US? That’s hurting the very businesses trying to bring manufacturing back. From Niagara Steel rolling European slabs in New York to MKC hiring local Montanans and engineers, these policies risk slowing growth and killing jobs. Josh calls for smarter, nuanced policies and urges leaders to talk to business owners to avoid wrecking the companies they claim to support.View the Harry Reid interview here: https://www.youtube.com/watch?v=iZvxvgy_fK8Follow Montana Knife Company: instagram.com/montanaknifecompanyFollow Josh Smith: instagram.com/joshsmithknives