When the Trump administration first imposed tariffs on $34 billion in Chinese imports in July, Andy LaFrazia figured it was just another curveball for his company. “Everyone was saying: ‘Oh, it’s a negotiating tactic. It won’t last long,’” Mr. LaFrazia recalled. But nearly a year later, the trade war shows no sign of cooling off. Evidence is mounting that the conflict has taken an economic toll.
Publisher: NYTimes | Author: Ben Casselman