In an effort to lower trade deficits and protect American companies, the Trump Administration has levied tariffs on more than $250 billion worth of goods imported to the United States. Many of those products are inputs, goods used by domestic companies to produce their own products. This series explores how Hawaii-based businesses are being impacted by those tariffs.
Tariff Uncertainty Challenges Growth at Hawaii's Largest Craft Brewery
A 25 percent tariff on Chinese-made steel poses “a tremendous challenge” for Maui Brewing Company, according to co-founder and owner Garrett Marrero. Uncertainty surrounding the tariffs has led Hawaii’s largest craft brewer to postpone major capital purchases needed to continue the company’s growth.
Prolonged Tariffs Force Local Companies to Shift Supply Chains
Island Plastic Bags has been manufacturing the product for which it is named in Honolulu since the early 90’s. Since the Trump Adminsitration began raising tariffs on Chinese goods, first to 10 and later 25 percent, Island Plastic Bags has begun a painful realignment of its supply chain.
Freight Business Sees Overt and Subtle Indicators of Trade War
Dependable Hawaiian Express (DHX) provides freight and logistics services between Hawaii, Asia, and the U.S. Mainland. The company’s President has noticed obvious signs of trade war, like increasing prices, but also more subtle indicators of a slow down in trade between the United States and China.