How metal duties affect packages on shelves


Source: cp24.com cp24.com

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NEW YORK/LONDON — Andy Russick, who sells canned fruit and tomatoes to top U.S. grocers like Kroger, hospitals and schools, shares the stated aim behind U.S. President Donald Trump‘s trade war - fighting cheap Chinese imports. Yet when U.S. tariffs on imported steel and aluminum doubled to 50 per cent on June 4, his company, canned-food maker Pacific Coast Producers, became collateral damage in the crossfire of Trump’s erratic trade policies. The problem is that since 2017, Chinese fruit cocktails, vegetables and similar canned-food imports from across Southeast Asia and Europe have been flooding the shelves of U.S. supermarkets, undercutting...