US trade faces pressure in Middle Eastern markets amid recent Israel-Iran conflict and Trump tariffs

By Asher Redd
Fox Business News
June 25, 2025
Category: Business & Politics
Region: United States, US East

SOUTH PITTSBURG, Tennessee – Recent missile attacks put global trade on alert as the Baltic and International Maritime Council warned the Strait of Hormuz and the Persian Gulf could face disruption. …Mike Cardin, Cardin Forest Products Chief Manager, said the conflict could hurt the American lumber industry as well. Cardin’s hardwood sawmill reported fewer orders coming out of the Middle East. Uncertainties about President Trump’s future tariff policies forced Cardin to change how his sawmill operates. Before Trump took office, Cardin said his sawmill shipped wood products across the globe. He said foreign buyers proactively stopped buying American wood because they expect Trump to slap new tariffs on timber imports by the end of the year. Most of Cardin’s sales now come from Mexico and within the U.S. …”Right now, no one knows what’s going to happen,” Jarrod Cardin, Cardin’s Controlling Member, said.

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