Chinese airlines have reportedly been told to stop taking delivery of Boeing jets, and at least two new jets have left the country. It’s one way U.S trade policy could hit airplane makers, which had operated tariff-free since 1980.
“What we learned from the last tariff experience is that what goes up must come down,” says Lisa Goldenberg of Delaware Steel Co. “So it's kind of a last man standing.”
Tariffs could trigger shortages and supply chain snarls, similar to what was seen when the pandemic cut off lines to Chinese manufacturers. Are the workarounds small business used then still valid now?
As tariffs continue to pinch businesses, growth opportunities and expansions have slowed to a halt. Todd Adams, president of Sanitube, a stainless steel tubing supplier, is currently preparing for the worst.