
Warren Buffett Was Right About 2025
TLDR
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Navigating U.S.-China Tariff Changes
This chapter analyzes the recent tariff reductions between the U.S. and China and their implications for international shipping and businesses. It illustrates the challenges faced by companies in adapting to fluctuating tariffs, using the case of the OOCL Violet container ship and a forklift dealership's unexpected cost burdens. The discussion also includes strategies employed by U.S. retailers to further manage these costs, showcasing the intricate landscape of global trade.
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