Fresh tariffs to hurt US model train industry

ORMOND BEACH - Washington's threat for more tariffs on Chinese imports would decimate the United States model train industry and see bread winners in hundreds of families lose their jobs, the CEO of a US import company warned.

"If we were to have 25 percent tariffs imposed on this product, if we couldn't find a way around that, it would probably put us out of business," Bob Grubba, president and CEO of Broadway Limited Imports, said in a recent interview at his office in Ormond Beach, Florida.

The US in May raised additional tariffs on $200 billion worth of Chinese imports to 25 percent from 10 percent, and threatened to levy extra duties on more Chinese products.