Industry lobby jumps 337%

A report from Advancing American Freedom found tariff-related lobbying disclosures rose 239% in the third quarter of 2026 compared with the same period in 2024, as businesses sought help navigating President Donald Trump’s trade policies. Federal Reserve Bank of New York researchers estimated tariffs added 2.9 percentage points to prices for the consumer goods they studied, while the group’s separate analysis estimated tariffs were associated with 75,000 fewer manufacturing jobs in their first year. U.S. trade with Canada also fell by $50 billion, or 6.5%, before the latest Section 338 tariffs took effect.

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