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Effect of Tariff and Trade War on New Yorkers'

By: ACCESS Newswire

Tariff and trade war: How to soften it's effect on New Yorkers' in New York city.

SmithieForMayor NYC 2025

NEW YORK CITY, NY / ACCESS Newswire / October 9, 2025 / Softening the effect of tariff and trade war on the wallets of families in New York City requires a re-adjustment of our supply chain management and diversification, a review of the way Jones Act should have been and a legal understanding of international trade law.

Reason for taking this step is, no one feels the effect of tariff more than New Yorkers'. No one feels the bitter end of this trade war more than the city's small businesses and local exporters of services, distributors of finished goods and hedge fund managers who specialized in treasury bonds.

As a friend of small businesses and local entrepreneurs, I see this time as a period for the Mayor to reach out and do what was done to make life easier for New Yorkers' after the American Civil war. That is, reach out to local businesses for the sole purpose of fostering economic growth, as well as to boost economic resilience through innovation. Create a direct opening for city's NYCDEC to help increase in investment and patronage by implementing tariff exclusion on certain goods. Then make allowances for supply chain diversification and pragmatic management.

These are the actions I'll initiate and aggressively pursue if elected Mayor, city of New York this winter. I will - from my first week in office, lean hard on using the Mayor's Office of International Affairs, to help relieve the effect of tariff and trade war on local businesses, local exporters.

By combining a mixture of business supply chain management strategy with a personal review of Jones Act, with International trade law, I will use the NY Port Authority's FTZ and the city's Economic Development Corporation to relieve New Yorkers' of the burden of high cost of living by investing in waterway logistics. I will make it mandatory for all businesses to utilize designated FTZ warehouses for cargo handling, product assemblage and distribute to all the five boroughs via the Hudson and the East river.

Getting suppliers of foods, drinks and other products to start moving supplies in to the city via our water ways will not only make our street less congested, it will make all products coming into the city cheaper and directly gained from source.

I will go rogue, review contract and negotiations via executive order, bring in suppliers that are not affected by tariff. Label their goods - imported or not as waste and damaged, then eliminate port duty on them. Increase number of local businesses that handles and clear damaged goods at the port authority.

I will also grant 30% exemption on tax or tariff on metals, glass and other building materials, so developers could build at a much reduced rate.

The goal here is to boost trade and economic activities by encouraging re-exportation of goods to the Free Trade Zone at the Port authority (PANYNJ) This will encourage international businesses to come into the city, rent properties and land from the city, then set up assembly plants and cargo handling areas. Create jobs, train new work force and leave the distribution to local suppliers.

If elected Mayor, I will not sit down and watch local businesses drown under the weight of something they did not create nor ask for.

I am Abbey Laurel-Smith, an Independent candidate running for Mayor of the City of New York. As your candidate, I favor the general well being of all New Yorkers. And as much as I promise to work to improve the living experience for retirees, students, city workers and low income families, I also promise to work hard on bringing back those high earning out-migrators who left the city for neighboring states during the pandemic.

I put New Yorkers first. Join me, vote better live this general election and let's rebuild your city.

https://www.rebuildnewyork.city

Follow my campaign, donate if you can, and help spread the word about SmithieForMayor NYC 2025.

Contact:

Abbey S Laurel-Smith
mayor@rebuildnewyork.city
@smithieformayor @SmithiesNewYork

SOURCE: Abbey S Laurel-Smith



View the original press release on ACCESS Newswire

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