Tariffs, millions in extra costs, Iran war: Trump’s policies hammer US firms

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US manufacturer Doug Rende says tariffs imposed under President Donald Trump have added millions of dollars to annual costs for his Ohio aluminium products business. He says the Iran war has also made shipments more expensive, with the policies increasing pressure on firms as the US midterm election approaches.

For Doug Rende, who runs an aluminium product manufacturer in the US state of Ohio, President Donald Trump’s tariffs have meant millions of dollars more in annual costs – and recently, the Iran war has made shipments even more expensive. Rende is CEO at Shapes Unlimited, one of many American producers smarting from Trump’s economic policies as the midterm election approaches. “Frustrating would be one word,” Rende said. “And I think that we’re sensing a lack of trust in not only the...