0313. President Biden Speaks With Retailers About Ocean Shipping Costs

President Joe Biden recently held a meeting with representatives from major retailers to discuss the issue of high ocean shipping costs and their impact on businesses and consumers. The president emphasized the need for cost-effective and efficient transportation options to support the growth and competitiveness of the American economy. He also listened to the concerns of the retailers and discussed ways to address challenges such as rising fuel prices and capacity constraints. The meeting was an opportunity for the president to engage with a key sector of the economy and to work towards solutions that benefit businesses and consumers alike.