17-September-2025
Corporate News
 
After throwing spanner in the works, Trump mandarins trying to salvage trade deals
16-Sep-2025

TOI correspondent from Washington: In the hand tools section of the Ace Hardware store outside Washington DC, the medium-sized monkey wrench you check out is still priced $ 19.99. The price hasn't changed in over a year, but the salesman warns that won't last for long. Almost all hand tools coming into America are imported from China, India, and Vietnam, and Trump tariffs are certain to bump up the prices once the current inventory runs out, he says. The US just does make enough hand tools and some of the oldest manufacturers like CS Osborne, Wright Tools, and Klein Tools have struggled to survive the onslaught of cheaper foreign imports.

News Source:- https://timesofindia.indiatimes.com/business/international-business/after-throwing-spanner-in-the-works-donald-trump-mandarins-trying-to-salvage-trade-deals/articleshow/123905357.cms