Politically Connected Firms Benefit From Trump Tariff Exemptions

After President Donald Trump announced sweeping new tariffs earlier this month, the White House released a list of more than a thousand products that would be exempted. One item that made the list is polyethylene terephthalate, more commonly known as PET resin, the thermoplastic used to make plastic bottles. Why it was spared is unclear, and even people in the industry are confused about…

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