Corporate America is already feeling the negative effects of Trump’s trade war.
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In contrast to Donald Trump's efforts to combat global trade practices with tariff wars, Mo Johnson, the owner of Better Display Cases, has operated by importing affordable sports memorabilia display cases from a factory in Shenzhen, China, for the past ten years. However, due to the current administration's imposition of tariffs on Chinese goods and the perception of cheap imports as a threat, Johnson has increased prices by 15% and transferred production to Vietnam in response. This situation exemplifies how Trump's trade policies are negatively impacting American businesses, contradicting his claims of boosting the economy through tariffs. Despite Trump's plans for additional tariffs and the promise of a favorable outcome from these measures, many companies are facing heightened costs, reduced consumer confidence, and limited spending opportunities. Johnson's decision to relocate his manufacturing operations to Vietnam underscores the challenges faced by American businesses amid the uncertainties created by Trump's trade policies.

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