4.5 • 808 Ratings
🗓️ 12 August 2025
⏱️ 7 minutes
🧾️ Download transcript
Philadelphia, Boston, and Seattle have all experienced strikes by trash collection workers this summer. At their peak, more than 2,000 workers coast to coast walked off the job after contract talks stalled. The Teamsters Union representing the workers says members deserve a pay rise and better health care benefits. We'll hear from the picket line and customers affected. But first, a Texas-based manufacturer reflects on what all this tariff back-and-forth means for business.
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0:00.0 | The U.S.-China trade truce is extended, but if you're a business that does not make it a whole lot easier to plan. |
0:09.6 | From Marketplace, I'm Sabri Beneshaw, in for David Brancaccio. Today was supposed to be the day when U.S. tariffs on Chinese goods were going to go back to sky-high rates of 145%. But President Trump has now extended the truce for yet another 90 days as the U.S. and China continue to hammer out a deal. |
0:26.1 | That means Chinese goods get a 30% tariff here and U.S. goods in China face a tariff of 10% there. |
0:33.6 | We've got China correspondent Jennifer Pack in Shanghai on the line. Hi, Jennifer. |
0:37.2 | Hi, Sabrina. |
0:38.2 | You've been following U.S. manufacturers, one in particular since tariffs peaked at 145% in May and then have come down. |
0:46.9 | What is his reaction to the news? |
0:48.5 | Well, confusion. |
0:49.9 | 90 days is just too short to plan. |
0:52.3 | This company, called isotherm, is based in Texas, and it manufactures |
0:56.2 | equipment for chicken plants, commercial fisheries, basically any industry that requires cooling. |
1:02.4 | Here's the company's founder, Zahid Ayyub. 90 days mean nothing, actually. Our deliveries are more |
1:09.5 | than 90 days, fabrication and shipment. Add on the time it takes |
1:14.2 | to get their key material, which is titanium, that they get all from China, that's another |
1:19.6 | month or so. So that makes it very hard for them to put a price on things because it could be |
1:24.6 | different from when they quoted it to when it arrives at their customer' place. When you first spoke to him in Shanghai during a trade show, he told you he was |
1:34.1 | thinking of moving operations out of the U.S. Why and to where? He was thinking of Mexico or China. |
1:42.2 | He did this because of the tariffs. The key raw material is titanium, |
1:47.7 | and he can't get that anywhere else. So he thought he would keep his Texas factory for his |
1:52.8 | U.S. clients. But then for his export market, he was thinking of having his products made |
1:58.2 | entirely in China or China and Mexico. |
2:01.4 | So moving production out of the U.S., that is the opposite of what President Trump had in |
... |
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