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Amy Klobuchar Slams ‘Unfairness’ Of Trump’s Tariffs, Claims Small Business Will Be ‘Bearing The Brunt’
Forbes Breaking News
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5/6/2025
During a press briefing on Monday, Sen. Amy Klobuchar (D-MN) slammed President Trump’s tariff policy for its effect on small businesses.
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00:00
Okay. All right. Well, thank you so much, Leader Schumer. Thanks for your leadership
00:06
on this. Thanks to my colleague, Senator Smith, and mostly thank you, Senator Markey, for
00:12
having the wherewithal to think of this great idea, because we are in a whole lot of trouble
00:18
in general in the economy. We know that. Americans know it when you see the numbers of the president's
00:25
first 100 days, but it is small businesses and small farms and small ranches that are
00:31
really going to be bearing the brunt of this. I know, having talked to them, I've just been
00:38
a bunch of farmers, and they're losing their soybean markets. They don't know what they're
00:42
going to do. They and the small business owners that are standing here with us today, they
00:47
do not have a direct dial number for the White House. They do not have the president's cell
00:51
phone. They are not like a major, major CEO of a Fortune 500 company that can call and
00:57
get a meeting with the White House and then get their products exempted. They weren't invited
01:03
to the JP Morgan secret meeting with the Treasury Secretary, where the Treasury Secretary gave
01:08
them little tips on what was going to be happening here. They're excluded from all of that. And
01:13
that, in addition to what this is doing to our economy as a whole, the big business, small
01:18
business, the $4,000 tariff tax for every family, the $200 grocery tax for every family, but
01:25
the unfairness and the destruction of the competitive marketplace for small businesses will have longer
01:32
term effects than anyone can even imagine.
01:36
So one example of the small business here today is a Minnesotan and we're really excited.
01:43
She is her, her name is Beth Vannecke, the leader mentioned her. She was just, this is really
01:50
like what we call ironic, she was at the White House, at the Small Business Administration just
01:58
before this, is that right? To get the award, get an award. She's Minnesota's Entrepreneur of
02:04
the Year. She makes baby equipment for high chairs, that's why it's called a busy baby,
02:11
because they throw things off the high chairs. She has just been getting her products on shelves
02:16
all over in major retailers and then she is hit by these tariffs. This is a living example
02:23
where they're giving her an award for her incredible entrepreneurship as a small business and then
02:29
they're socking with her with these tariffs that make it impossible to run her business.
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