Trade Tariffs Starting To Hurt US Supply Chain

Credit: Wochit Business
Published on July 5, 2018 - Duration: 00:40s

Trade Tariffs Starting To Hurt US Supply Chain

According to Reuters, trade tariffs and a shortage of workers are starting to strain the US' supply chain, which could slow momentum in the coming months.

Recently, major trade US partners, including China, Canada, Mexico and the European Union, have retaliated against Donald Trump's tariffs with their own, raising the specter of a trade war.

Economists have warned import tariffs against the US could disrupt the supply chain, undermine business investment and raise prices for consumers.

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Trade Tariffs Starting To Hurt US Supply Chain

SUNDAY, JUNE 24, 2018 FILE PHOTO A JUNE 7, 2018, PHOTO

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