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justaprogressive

(3,407 posts)
Tue Apr 22, 2025, 07:15 AM Tuesday

Politically Connected Firms Benefit From Trump Tariff Exemptions Amid Secrecy, Confusion - ProPublica

After President Donald Trump announced sweeping new tariffs earlier this month, the White House released a list of more than a thousand products that would be exempted.

One item that made the list is polyethylene terephthalate, more commonly known as PET resin, the thermoplastic used to make plastic bottles.

Why it was spared is unclear, and even people in the industry are confused about the reason for the reprieve.

But its inclusion is a win for Reyes Holdings, a Coca-Cola bottler that ranks among the largest privately held companies in the U.S. and is owned by a pair of brothers who have donated millions of dollars to Republican causes. Records show the company recently hired a lobbying firm with close ties to the Trump White House to make its case on tariffs.


https://www.propublica.org/article/trump-tariffs-exemptions-pet-lobbyists-asbestos-confusion-secrecy

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Politically Connected Firms Benefit From Trump Tariff Exemptions Amid Secrecy, Confusion - ProPublica (Original Post) justaprogressive Tuesday OP
And remember when we were upset that the Emoluments Clause was being broken? erronis Tuesday #1

erronis

(19,188 posts)
1. And remember when we were upset that the Emoluments Clause was being broken?
Tue Apr 22, 2025, 08:38 AM
Tuesday

This corruption makes simple $2BN gifts from a murderous Saudi pale in comparison.

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