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Source: SOUTHEAST PRODUCE WEEKLY, 6/14/18
Since March of this year, talk of increased tariffs has prompted rifts both in the United States and abroad. Following the U.S. departure from the G-7 Summit without signing the Communique, along with President Trump’s tariff Tweets, historic trading partners are now posturing themselves as adversaries while the possibility of a multi-front trade war increases. On May 31, the United States announced the imposition of tariffs on imports of certain steel and aluminum products from U.S. trading partners at the rates of 25% and 10%, respectively. For more of this story, click here.
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