Tea tariffs once sparked a revolution. Now they are creating angst
Taiwan
NEW YORK (AP) — A tax on tea once sparked rebellion. This time, it’s just causing headaches. Importers of the prized leaves have watched costs climb, orders stall and margins shrink under the weight of President Donald Trump’s tariffs. Now, even after Trump has given them a reprieve , tea traders say it won’t immediately undo the damage. “It took a while to work its way through the system, these tariffs, and it will take a while for it to work its way out of the system,” says Bruce Richardson,
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