Importers passed the cost of tariffs to wholesalers, manufacturers and other businesses. Now, they’re deciding whether they’ll share their tariff refunds too.
For Todd Adams of Sanitube U.S., and Katie Lazar of Cain Vineyard & Winery, tariffs have created new obstacles to business.
The end of a shipping loophole means that packages under $800 are subject to duties. That’s created chaos for consumers.
The U.S. has announced just six deals — with the U.K., the EU, Japan, Vietnam, the Philippines, and Indonesia.
What do flat-rate tariffs across so many countries accomplish? Is it about trade imbalances, reshoring manufacturing, revenue, or something else?
