Trade wars: dangerous for U.S. business

Container ship
Photo: Bernard Spragg. NZ

CNBC reports that the ongoing trade war might be the undoing of the benefits that President Donald Trump has created for business as part of his tax reform. Matthew Shay, president and CEO of the National Retail Federation (NRF), warns that business will end up bearing the brunt of the cost burden stemming from retaliatory tariffs. Read the full story here.

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