Business · Trade · 14 hrs ago
US manufacturer faces millions in extra costs from tariffs and Iran war
Doug Rende runs Shapes Unlimited, an aluminium products manufacturer in Ohio.
He says US tariffs have added millions of dollars to the company’s annual costs.
The recent Iran war has also made shipments more expensive.
The company is among US producers facing higher costs linked to President Donald Trump’s economic policies.
Rende says the situation has left him frustrated and has weakened his trust in the administration and government process.
He also raised concerns about Congress’s role in limiting executive power.
The issue is emerging as the US approaches its midterm election.
Doug Rende, CEO of Ohio aluminium-products manufacturer Shapes Unlimited, says US tariffs have added millions of dollars to the company’s annual costs.
He says the Iran war has recently made shipments more expensive.
Rende said the policies have left him frustrated.
He also said he sensed a lack of trust in the administration and the governmental process.
- Who
- Doug Rende, CEO of Shapes Unlimited, an aluminium-products manufacturer.
- What
- The company faces millions of dollars in extra annual costs from tariffs, while the Iran war has made shipments more expensive.
- When
- The tariffs have increased annual costs; the Iran war has recently made shipments more expensive.
- Where
- Shapes Unlimited is in Ohio, in the United States.
- Why
- US tariffs have raised the company’s costs, and the Iran war has made shipments more expensive.
This story does not have two clearly opposing sides.
Frustrating would be one word
And I think that we’re sensing a lack of trust in not only the administration but the governmental process, the role of Congress to rein in executive power
Rende says tariffs have added millions of dollars to Shapes Unlimited’s annual costs.
Rende says the Iran war has made shipments more expensive.
- Company
- Shapes Unlimited
- CEO
- Doug Rende
- Location
- Ohio, United States
- Extra annual costs
- Millions of dollars
- Cost pressure
- The Iran war has made shipments more expensive
Sources
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