Wed, April 2nd 2025 at 6:30 PM
SAN ANTONIO – President Trump’s new tariffs will be half of whatever another country’s tariffs are on U.S. goods. He showed a graph of some countries like Vietnam placing 90% tariffs on our products.
Jeff Webster, the President and CEO of the Greater San Antonio Chamber of Commerce representing 1700 San Antonio Business says Trump’s tariffs seem fair.
“Not penalizing someone but reciprocity, I think in the long run it’s good for America,” Webster said.
He will also introduce a 25% tariff on all foreign automobiles. It has Webster thinking of San Antonio’s manufacturing plant and their 500,000 foot expansion.
“It’s putting jobs today in construction and in just a few months in production of trucks and axles that will be built right here in San Antonio,” Webster said.
In anticipation of the announcement, Nan Palmero, the Director of Marketing at Office Furniture Liquidations says their small business has been stocking up on furniture to help alleviate the burden of higher prices on his customers.
“Thankfully we’ve been working ahead of time to try to source scratch and dent, used and close out items, that were pre tariff items, so customers can still benefit from those pre tariff prices,” Palmero said.
Gary Joiner, the Public Relations Officer with the Texas Farm Bureau tells us while some prices for us could go up because of tariffs this could bring trade partners to the table.
“We hope that eventual fairness in some of these trade relationships will be accomplished as a result of some of these negotiations,” Joiner said.
Trump also will introduce a baseline 10% tariff on all countries. Webster says these tariffs could have anywhere from a 5% percent to a 25% increase in price depending on the product the auto tariffs start midnight the 10% tariff wills tart on the 5th and reciprocal on the 9th.
