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June 17, 2019

Back-and-forth trade moves leave businesses uncertain, wary

  • Even the prospect of tariffs has made some owners and investors reluctant to pursue deals.
  • By JOYCE M. ROSENBERG
    AP Business Writer

    NEW YORK — Jeff Schwager is wondering whether it truly makes sense to sell his company’s cheese outside the U.S.

    Schwager’s company, Sartori, faced potential retaliatory tariffs from Mexico when President Donald Trump threatened nearly two weeks ago to reopen a trade war with Mexico to pressure its government to halt the flow of Central American migrants to the U.S. border. Sartori already had to deal with months of 25% Mexican tariffs in last year’s trade dispute with the U.S. The Plymouth, Wisconsin-based company is also paying tariffs on sales to China, a result of the U.S. trade dispute with that country.


     
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