This is ridiculous!
As President Biden’s supply chain crisis continues to get worse, shipping companies are now being forced to charter cargo planes which have become extremely costly to fulfill their orders.
According to Fox Business, Trans-Pacific charter company Air Charter Service noted that it costed at least $2 million to rent a Boeing 777 currently. Before the crisis using the same plane to ship cargo was only around $750,000.
Others are claiming that the similar flight are costing around $3 million to fly out of countries like Vietnam.
Furthermore, Fox noted that around 90% of the world’s trade is shipped via sea because it cost significantly less however they currently can’t because of the bottleneck issue going on at several U.S. ports.
The supply chain disruption is a crisis. This will impact every American, especially those who can least afford it.
It’s past time for President Biden and Pete Buttigieg to explain what they’re doing about this.
— Tom Cotton (@TomCottonAR) October 11, 2021
Dr. Fauci won’t cancel Christmas.
Joe Biden’s supply chain and inflation crisis will.
— Catalina Lauf (@CatalinaLauf) October 13, 2021