New York: US businesses are feeling the effects of President Joe Biden’s trade policy on China, voicing the hope for some relief from the US tariffs on Chinese goods, Arkansas-based public radio station KUAR has reported.
Biden will keep the Trump-era tariffs on billions of dollars of Chinese goods in place, US Trade Representative Katherine Tai announced last week.
KUAR interviewed Texas-based luggage store owner Tiffany Williams, who said the tariffs combined with Covid-19 and supply chain issues have hurt her business in recent years.
Williams said a bag sold at $440 in 2018 is probably now $550, considering duties and tariffs and exorbitant shipping costs on top of it.
“There’s just no way they can continue to sell it for the same price,” Williams said.