Despite the pandemic, the trade war is still on
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The COVID-19 pandemic has shuttered much of the global economy so far this year, but one thing it didn’t stop: the U.S.-China trade war. Tariffs on billions of dollars of Chinese imports stayed in effect, and further trade negotiations were paused as the world fought the outbreak.
Today we hear from Gretchen Blough, a customs broker for Logistics Plus in Erie, Pennsylvania. She tells us how companies adapted to the economic uncertainty of the coronavirus pandemic after nearly two years of navigating the trade war.
“Our importers are still paying that extra 301 tariff, the 232 steel and aluminum tariff and the solar panel tariff,” Blough said. “But there have been a lot of exclusions granted in the past several months, most notably with the personal protective equipment.”
Click the audio player above to hear the full story.
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