Biden pushing to lower ocean shipping costs, fight inflation

Biden pushing to lower ocean shipping costs, fight inflation

President Joe Biden launched a renewed push Thursday to reduce the costs of shipping goods across oceans, a major challenge for retailers that the White House said has pushed up prices as the world emerges from the coronavirus pandemic.The White House released a video featuring Biden talking with retail CEOs and calling on the House to pass the Ocean Shipping Reform Act of 2022, which the Senate passed at the end of March. The measure would empo…

Biden pushing to lower ocean shipping costs, fight inflation

The White House said that shipping cost increases will likely add a full percentage point to the increase in consumer prices over the next year.

Biden pushing to lower ocean shipping costs, fight inflation

WASHINGTON (AP) — President Joe Biden launched a renewed push Thursday to reduce the costs of shipping goods across oceans, a major challenge for retailers that the White House said has pushed up p…

Biden pushing to lower ocean shipping costs, fight inflation

Biden recently spoke with major retail CEOs

Biden pushing to lower ocean shipping costs, fight inflation

President Joe Biden is launched a renewed push to reduce the costs of shipping goods across oceans

Biden pushing to lower ocean shipping costs, fight inflation

WASHINGTON (AP) — President Joe Biden launched a renewed push Thursday to reduce the costs of shipping goods across oceans, a major challenge for retailers that the White House said has pushed up prices as the world emerges from the coronavirus pandemic.