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douglas9

(4,920 posts)
Sat Jul 12, 2025, 12:33 PM Jul 12

Another red county business shutters due to Trump's tariffs

A 100-year-old furniture manufacturer in western Michigan has shut its doors, citing President Donald Trump’s tariffs as the final blow. The company, Howard Miller, employed 195 people.

“In recent years, a convergence of market influences beyond our control brought us to this point. Furniture sales are closely linked to the health of the housing market, which is struggling,” the company’s CEO, Howard J. "Buzz" Miller, said in a statement announcing the closing of his Zeeland-based company. “Our hopes for a market recovery early in the year were quickly dashed as tariffs rattled the supply chain, sparked recession fears and pushed mortgage rates higher. The furniture industry continues to shed jobs and announce plant closings.”

Miller added: “This has been compounded by inflation and rising interest rates. Our business has been directly impacted by tariffs that have increased the cost of essential components unavailable domestically and driven specialty suppliers out of business, making it unsustainable for us to continue our operations.”

Yes, the company was already facing headwinds, but Trump’s tariffs and the broader chaos of his economic policies drove the stake through its heart.

The punchline, though not in a funny way, is that Ottawa County, Michigan, home to the company, voted 60–39 for Trump. Zeeland, where the company is based, sits in Michigan’s 4th Congressional District, which backed Republican Rep. Bill Huizenga by a 65–33 margin.

https://www.dailykos.com/stories/2025/7/12/2332906/-Another-red-county-business-shutters-due-to-Trump-s-tariffs?pm_campaign=blog&pm_medium=rss&pm_source=main



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Another red county business shutters due to Trump's tariffs (Original Post) douglas9 Jul 12 OP
I was going to say: Zeeland. That's a very Republican area. yardwork Jul 12 #1
You gets what you votes for. Midnight Writer Jul 12 #2
prime interest rates last 3 years lapfog_1 Jul 12 #3

yardwork

(67,254 posts)
1. I was going to say: Zeeland. That's a very Republican area.
Sat Jul 12, 2025, 12:38 PM
Jul 12

They really value small businesses and tourism there, too. It's all they've got.

Trump is destroying their economy.

lapfog_1

(31,124 posts)
3. prime interest rates last 3 years
Sat Jul 12, 2025, 12:56 PM
Jul 12

November 2, 2022 7.0
December 14, 2022 7.50
Date of Rate Change Rate (%)
February 1, 2023 7.75
March 22, 2023 8.00
May 3, 2023 8.25
July 26, 2023 8.50
September 18, 2024 8.00
November 7, 2024 7.75
December 18, 2024 7.50%

so there was a blip in July 2023... but the prime rate today is the same as it was in Dec 2022.

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