Tariffs cost U.S. importers $6.8 billion in July
Story Date: 9/13/2019

 

Source: SOUTHERN FARM NETWORK, 9/12/19


Trade group Tariffs Hurt the Heartland says the tariffs enacted by President Donald Trump cost U.S. importers a record $6.8 billion in July. The vast majority were on Chinese goods, though the administration has imposed on other commodities as well. “The unpredictable nature of the trade will keep businesses, at best, in wait-and-see mode,” said  Michelle Meyer, an economist with Bank of America.

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