U.S. tariffs which took effect September 1, are hitting footwear for the first time, and have made some products 15% more expensive to import from China, where many shoes are made.
The ongoing U.S.-China trade war is impacting a wide range of industries. U.S. agriculture is taking an especially hard hit. That, in turn, is putting the breaks on America’s trucking industry.
The trade dispute between the U.S. and China has impacted a range of industries not least a large portion of U.S. farming. Among the commodities to be affected is ginseng, a product that is predominantly exported to China.
U.S farmers rallied in Washington DC Thursday to lobby for ratification of a sweeping new trade deal. They want Congress to approve an agreement between Canada, Mexico and the U.S. And it’s a critical moment for farmers caught in the crossfire of a trade battle with China.
