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Freight chiefs warn: US tariffs will increase transport costs

According to several freight execs interviewed by The Financial Times, tariffs will increase the burden on US consumers and businesses.
Joe Biden with United Steelworkers International's vice president, Roxanne Brown, during an event on new tariffs targeting various Chinese exports. | Photo: Elizabeth Frantz/Reuters/Ritzau Scanpix
Joe Biden with United Steelworkers International's vice president, Roxanne Brown, during an event on new tariffs targeting various Chinese exports. | Photo: Elizabeth Frantz/Reuters/Ritzau Scanpix
by LIV ALMER

The fact that US President Joe Biden and his presidential opponent Donald Trump both want to impose strict tariffs on Chinese imports could have far-reaching consequences for the US economy, several freight executives tell The Financial Times.

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