Quote of the week

“These taxes are not paid by foreign nations and they result in higher costs that are simply passed on to the American consumer. The tariffs described by the president will only hurt U.S. families, U.S. workers, U.S. companies, and the U.S. economy.” (Rick Helfenbein, CEO of the American Apparel & Footwear Association, quoted on the South China Morning Post’s website, 7 May 2019)