Businesses Lift Tariff Lobbying 337% in Q3 2026 as Trump Trade Rules Shift

1 articles · Updated · Fox News · Nov 14

Tariff-related lobbying spending reported in federal disclosures jumped 337% in the third quarter, while mentions of tariffs rose 239% from the same period in 2024.
14 organizations spent more than $1 million on lobbying, up from two two years earlier, as companies sought exemptions and guidance under Trump's changing tariff regime.
New York Fed researchers estimated tariffs added 2.9 percentage points to prices for the consumer goods they studied, reinforcing warnings that costs are hitting businesses and households before the election.
Advancing American Freedom said tariffs produced about 75,000 fewer manufacturing jobs in their first year and up to 1 million fewer jobs nationwide than pre-tariff trends implied.
The group also estimated U.S.-Canada trade fell $50 billion, or 6.5%, before the latest Section 338 tariffs, underscoring how the trade push is reshaping supply chains as Trump argues tariffs will revive manufacturing.