Jonathan Todd Quoted in Plastics News on Manufacturing Costs Amid Tariff Hikes

Jonathan Todd, Vice Chair of the firm’s Transportation & Logistics Practice Group, was quoted in a Plastics News article examining the mixed impact of President Donald Trump’s newly passed budget bill on the plastics industry. While the bill delivers long-sought tax provisions, including immediate R&D expensing, bonus depreciation, and a continued 21% corporate tax rate, it also brings renewed challenges in the form of sudden tariffs.

“I have clients who moved their entire supply chains at great expense,” Jonathan said. “They woke up and found their goods were suddenly 47 percent more expensive. That’s a higher-cost operating environment — period, full stop.”

The article explores how this combination of tax incentives and tariff volatility is prompting industry leaders to remain “cautiously optimistic” but hesitant to make long-term investments without greater policy stability.

Read the full article here.