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Jun 17, 2025 · 2 min read

Ain't No Cure for the Summer Tariff Blues

As a result of President Trump's desire to reshore U.S. manufacturing and increase revenues on imports, tariff rates hit their highest level in more than 100 years, increasing from 2.5% to an estimated 27%. Even businesses that didn't expect tariffs to impact them are feeling the pain of increased material costs, customs delays, administrative burdens, and shipping surprises.

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Loretta Operations & Strategy