Andy Beshear: Studies Show that 90% of the Tariffs Are Being Borne by American Business

‘We have seen parts of the economy slow down because of it’

EXCERPT:

BESHEAR: "Tariffs are a tax on the American people. We've seen studies that show that 90% of these tariffs are being borne by American business. Those are all in our states, as well as our people. We've seen parts of the economy slow down because of it. It can add 30% more cost to a major new construction project, which could slow down new jobs coming to our communities. Bourbon has been hit hard, and now this is the second straight time. And this is from a state where both of our U.S. senators and this governor, despite being in different parties, are all against tariffs."

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