Everyone from manufacturers to retailers are scrambling to take advantage of this trade war truce, but some businesses are still putting future plans on hold
Canada and the Northwest U.S. act as one to support the blueberry business, worth hundreds of millions of dollars. But tariffs could disturb that relationship.
“As materials’ cost balloon the way they have these past couple of weeks … I can’t continue to sell them at the prices that I was before,” said Isabel Dennis at KIMA Jewelry.
Chad Bown of the the Peterson Institute for International Economics explains the trade deficit and foreign investment “open loop” system. But wait, there’s more!
The stated purpose of Trump’s import levies is to draw production back to the U.S. from around the world. Benzene illustrates that it won’t work with all products.