Memphis logistics leaders navigate most complex tariffs yet
President Donald Trump’s new round of tariffs took effect July 24. Some trade experts say Memphis has already started feeling the effects.
There are 9 article(s) tagged tariffs:
President Donald Trump’s new round of tariffs took effect July 24. Some trade experts say Memphis has already started feeling the effects.
“What it costs to produce a crop is at record numbers, and the price that (Tennessee farmers) get for that corn, soybeans, wheat and cotton … are almost at near-record lows,” said a Farm Bureau Federation staffer.
Smith estimated FedEx is “the biggest tax collector of tariffs by any entity in America” based on what it is transporting.
A slowdown in global trade because of the tariffs could mean layoffs, lower investment or worse for many Memphis companies big and small.
President Donald Trump’s expansive new tariffs reverse a decades-long global trend of lower trade barriers.
A Democrat in the White House and divided control of Congress may be good for the city: relaxed trade and immigration policies, more stimulus spending, status quo on taxes.
FedEx lands in the crossfire of a trade war between the U.S. and China as an investigation opens into the company's unauthorized diversion of shipments for technology giant Huawei.
Fullen Dock and Warehouse has received a foreign trade zone designation as part of Memphis Foreign Trade Zone No. 77, which received $1.4 billion in goods in 2017.
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