Indian exporters hope for US trade deal after 25% tariff blow
Indian exports to the US face a 25% tariff – along with other penalty shocks ...
Despite some strident language from union leaders, shippers using US east coast ports should expect an agreement between employers and dockers to be in place before the present contract ends in October, according to Peter Friedmann (above), executive director of the Agriculture Transportation Coalition (Ag-Trans).
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Comment on this article
Dwight Campbell
March 12, 2024 at 3:04 pmI have always found it interesting that the electorate will happily vote for someone that increases their cost of doing business by adding tariffs on imported goods, while their own paychecks dwindle under inflation.
When you see that line item on the invoice for extra charges on imports, remember – you voted for it.
I can only guess that tariffs sound like something that is magically paid for by someone else. Like everything else, it is always paid for by the end user.
Gavin van Marle
March 12, 2024 at 6:50 pm“Like everything else, it is always paid for by the end user.” Exactly the point Peter Friedmann was making