The New Jersey Business and Industry Association (NJBIA) responded to the recent U.S. Supreme Court decision that determined the International Emergency Economic Powers Act does not allow President Donald Trump to impose broad international tariffs.
Michele Siekerka, president and CEO of NJBIA, addressed the impact of these tariffs on New Jersey businesses. “Since President Trump instituted tariffs last year, there has always been an understanding that while some New Jersey manufacturers might benefit in the long-term, there would indeed be short-term pain in the form of increased costs for business.
“But for some employers, that pain has been too much to bear. Just this week, one of New Jersey’s more famous manufacturers, in business for more than 100 years, announced it would have to lay off 140 workers.
“In NJBIA’s annual Business Outlook Survey, 49% of our respondents said tariffs impacted their supply chains in 2025. Of those impacted, 88% said they faced increased prices from their supply chains. Additionally, 81% said they were not confident they could absorb raised input prices without passing them on to consumers.
“So, there is no question our employers have been impacted by tariffs. Shifting federal tariff policies often creates a lack of predictability and certainty for New Jersey businesses. And that uncertainty can cause businesses to freeze investments, stop hiring, and, in some cases, pivot to less favorable, cost-burdened operations.
“Today’s ruling could potentially alleviate some of those cost pressures for those impacted. We hope that this pause can bring about more conversation and collaboration between industry and lawmakers to strengthen our national economy, but without putting our employers in peril.”
The NJBIA represents private-sector employers across various industries throughout New Jersey and is recognized as the nation’s largest statewide employer association according to its official website. The association aims to advance competitive excellence and financial success among its members while providing essential information and services. It also facilitates partnerships among businesses, government agencies, and academic institutions and offers advocacy along with practical resources designed to support business prosperity.
Siekerka leads the organization as president and chief executive officer according to NJBIA.
