Reason Magazine
•Business
Business & Economics
'The only winner is the government,' says American bow tie CEO facing higher tariff costs
Summary
Nutrition label
65% Informative
Greg Shugar , owner of Beau Ties of Vermont , manufactures neckties, socks, pocket squares, and other fashion accoutrements.
He says the tariffs have not been a boost for his business.
Shugar: Tariffs are making imports more expensive, which in turn makes manufacturing in the U.S. more expensive.
VR Score
70
Informative language
69
Neutral language
23
Article tone
informal
Language
English
Language complexity
47
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
9
https://mr-mag.com/fighting-for-small-business-my-pitch-to-congress-on-tariff-reform/https://www.beautiesltd.com/https://www.whitehouse.gov/fact-sheets/2025/04/fact-sheet-president-donald-j-trump-declares-national-emergency-to-increase-our-competitive-edge-protect-our-sovereignty-and-strengthen-our-national-and-economic-security/https://itif.org/publications/2025/02/21/intermediate-goods-the-hidden-cost-of-blanket-tariffs/https://www.nytimes.com/2025/07/07/business/trump-tariffs-trade-deals-august-1.htmlhttps://www.cato.org/blog/todays-bad-gdp-number-please-remember-imports-arent-drag-growthhttps://www.msn.com/en-us/money/news/budget-alert-toy-inflation-hits-record-high-of-22-in-one-month/vi-AA1I1JhBhttps://www.wsj.com/opinion/tariffs-wont-bring-a-boom-in-american-manufacturing-risk-recession-trade-policy-d37c7dca?gaa_at=eafs&gaa_n=ASWzDAhkELScGaG8MIkZAuVp3pJQWa-Ub2nbgYwIyi27-8RdptBs3uHBHm9SWpNJxM0%3D&gaa_ts=686d4b63&gaa_sig=biW13C4BmmHHv3vos5oXZzmaYwutu9QRfgYBGWSaRcnhEzP0kq0JJs9Brr4PxIgzU8EACuw4ct6WG59ex-OPkA%3D%3Dhttps://www.cnn.com/2025/05/19/business/trump-tariffs-price-consumers
Source diversity
9