“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.
Chinese airlines have reportedly been told to stop taking delivery of Boeing jets, and at least two new jets have left the country. It’s one way U.S trade policy could hit airplane makers, which had operated tariff-free since 1980.
Oil, steel and supply chains are just a few areas of the economy where President Donald Trump’s trade policy is causing trouble. Plus: The road to recovery after the devastating wildfire in Altadena, California.