{"id":144157,"date":"2025-08-14T04:16:14","date_gmt":"2025-08-14T04:16:14","guid":{"rendered":"https:\/\/www.europesays.com\/us\/144157\/"},"modified":"2025-08-14T04:16:14","modified_gmt":"2025-08-14T04:16:14","slug":"reps-expect-tariffs-to-cost-san-diego-households-2400-this-year","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/144157\/","title":{"rendered":"Reps expect tariffs to cost San Diego households $2,400 this year"},"content":{"rendered":"<p><a href=\"https:\/\/i0.wp.com\/timesofsandiego.com\/wp-content\/uploads\/2025\/08\/0.tar1_.jpg?ssl=1\" rel=\"nofollow noopener\" target=\"_blank\"><img loading=\"lazy\" data-recalc-dims=\"1\" decoding=\"async\" width=\"780\" height=\"509\" src=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/08\/0.tar1_.jpg\" alt=\"Rep. Scott Peters, flanked by colleague Rep. Sara Jacobs (to his left) and executives and advocates for San Diego's business community. They came together to raise concerns about tariffs.\" class=\"wp-image-338131\"  \/><\/a>Rep. Scott Peters, flanked by colleague Rep. Sara Jacobs (to his left) and executives and advocates for San Diego\u2019s business community. (Photo courtesy of Rep. Scott Peters\u2019 office)<\/p>\n<p>Two members of the San Diego congressional delegation said in a press conference Wednesday that President Donald Trump\u2019s tariffs will impact the average San Diego household \u2013 and not in a <a href=\"https:\/\/timesofsandiego.com\/politics\/2025\/07\/03\/republicans-exult-but-san-diego-democrats-dismayed-by-passage-of-trump-spending-bill\/\" rel=\"nofollow noopener\" target=\"_blank\">big, beautiful<\/a> way.<\/p>\n<p>Representatives Scott Peters and Sara Jacobs said local households can expect to absorb a nearly $2,400 hit this year due to higher costs as tariffs are assessed on foreign goods.<\/p>\n<p>The <a href=\"https:\/\/timesofsandiego.com\/tag\/tariffs\/\" rel=\"nofollow noopener\" target=\"_blank\">levies<\/a>, they said in a news release, have raised prices for businesses and consumers on everything from cars to food to housing construction materials, and now\u00a0<a href=\"https:\/\/www.cnbc.com\/2025\/07\/23\/trump-tariffs-inflation-back-to-school-shopping.html\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">back to school supplies<\/a>.\u00a0\u00a0That\u2019s not to mention job impacts \u2013 U.S. Department of Labor\u2019s data shows that\u00a0<a href=\"https:\/\/urldefense.com\/v3\/__https:\/www.theguardian.com\/business\/2025\/jul\/29\/trump-tariffs-factory-costs__;!!Ckt11KVezJIME51BYf4a6hrLATHilnk!BljKHMVxtOzcMyWuQ5M5OEYLdZKIZOrE-agZnOvw9eSEmlcuG9oz9YIWADNuDoKDNhQCCaYM030An16eNhPYiJkbYP7SihEhGxj2$\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">14,000 manufacturing jobs have been lost<\/a> since Trump announced tariffs in April, they added.<\/p>\n<p> In short, said Peters and Jacobs, tariffs are creating \u201ceconomic chaos.\u201d<\/p>\n<p>\u201cWe need to be very clear about what tariffs do to our businesses, consumers and our economy,\u201d\u00a0Peters said.\u00a0\u201cTariffs are a tax that our businesses pay, which increases prices for Americans already struggling with the cost of living. I\u2019ll keep pushing back on President Trump\u2019s harmful tariffs that are making America weaker, not \u2018great again.\u2019\u201d\u00a0\u00a0<\/p>\n<p>As part of the event, Peters invited business and trade leaders from around San Diego to share how tariffs are affecting foreign investments in local businesses, costs for small businesses and the job market. <\/p>\n<p>Chris Cate from the San Diego Regional Chamber of Commerce, Nikia Clarke from the World Trade Center, Michael Farrington with Corza Medical, Dan Clark with Dan Clark Audio and Brian Miller with Geppettos Toys took part.<\/p>\n<p>Leaders in Washington, said Cate, a former member of the San Diego City Council, need \u201cto protect the partnership between the U.S. and Mexico, not tax it.\u201d\u00a0<\/p>\n<p>\u201cTariffs hurt our regional economy. They cost jobs, reduce investment, raise prices for families, and undermine the cross-border economic engine that helps make our region the best place to live and work and a model of binational cooperation,\u201d\u00a0said Cate, now president and CEO of the Chamber of Commerce.\u00a0<\/p>\n<p>Clarke, executive director of World Trade Center San Diego, the international team at the San Diego Regional Economic Development Corp., pointed out that the average U.S. tariff rate has risen from around two percent to about 18%.<\/p>\n<p>While that has been a boon for the Department of the Treasury \u2013 according to <a href=\"https:\/\/www.npr.org\/2025\/08\/11\/g-s1-81934\/trump-tariffs-record-revenue\" rel=\"nofollow noopener\" target=\"_blank\">NPR<\/a>, in July the government saw a windfall of more than $29 billion in \u201ccustoms and excise taxes,\u201d a segment based mostly on tariff revenue \u2013 business are paying the price, Clarke said.<\/p>\n<p>\u201cThese new taxes on imports will have significant impacts on businesses, on prices and on consumers. The long-term impacts of this new tariff regime on jobs and supply chains are even more critical,\u201d\u00a0she explained.\u00a0\u201cRising tariffs make it harder for our companies to compete abroad\u2014especially the 95 percent of regional exporters that are small businesses.\u201d\u00a0<\/p>\n<p>In early August, Trump\u00a0<a href=\"https:\/\/www.bbc.com\/news\/articles\/cx23jmvn5yzo\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">announced new tariffs<\/a>\u00a0on more than 90 countries, including the nation\u2019s top three trading partners \u2013 China, Canada and, key for San Diego, Mexico. Tariffs range from 10 percent on the United Kingdom and Australia, to 50 percent on Brazil and India.<\/p>\n<p>One small businessman, Clark, the CEO of Dan Clark Audio \u2013 he\u2019s proud to note that his firm \u201chas always manufactured in San Diego\u201d \u2013 said the recent tariffs \u201care putting our entire export business at risk.\u201d Parts, he said, \u201cnow cost 50% more than any other manufacturer of headphones would pay for the same component.<\/p>\n<p>\u201cAs a small business, we can\u2019t just absorb the cost of tariffs, so we will have to raise our prices,\u201d Clark continued. \u201cInstead of helping us as a U.S. manufacturer, tariffs may well cripple our export business.\u201d\u00a0<\/p>\n<p>.\u00a0\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Rep. Scott Peters, flanked by colleague Rep. Sara Jacobs (to his left) and executives and advocates for San&hellip;\n","protected":false},"author":3,"featured_media":144158,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5134],"tags":[5229,1582,276,85479,69,3549,85480,7264,7333,7334,9207,2175,29156,85481,67,586,132,5230,68,2969],"class_list":{"0":"post-144157","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-san-diego","8":"tag-america","9":"tag-ca","10":"tag-california","11":"tag-chris-cate","12":"tag-donald-trump","13":"tag-san-diego","14":"tag-san-diego-regional-chamber-of-commerce","15":"tag-sandiego","16":"tag-sara-jacobs","17":"tag-scott-peters","18":"tag-small-business","19":"tag-tariffs","20":"tag-u-s-department-of-labor","21":"tag-u-s-treasury-department","22":"tag-united-states","23":"tag-united-states-of-america","24":"tag-unitedstates","25":"tag-unitedstatesofamerica","26":"tag-us","27":"tag-usa"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115025188163167112","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/144157","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=144157"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/144157\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/144158"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=144157"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=144157"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=144157"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}