Bill Keating

Across U.S., wary businesses gird for a Trump trade war

Across U.S., wary businesses gird for a Trump trade war

President Donald Trump wants to level the playing field for American companies in the global economy, but his combative stance has unsettled business plans from the Atlantic to the Pacific.

From Washington cherry farms to Midwestern chemical plants to New England lobster-trap makers, the risk of global trade war is creating anxiety among executives whose firms rely on foreign markets for revenue or to keep costs down with imported products.

On Friday, Trump announced $50 billion in tariffs on imports from China. Those came on top of levies he'd put on imported steel and aluminum from the European Union and Canada, which provoked anger and frustration that erupted rancorously...

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