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Event Brief

Ohio manufacturer says tariffs and Iran war raise costs

Doug Rende, CEO of Ohio aluminium-products maker Shapes Unlimited, says US tariffs have added millions of dollars to the company’s annual costs, while the Iran war has recently made shipments more expensive. He describes the impact of President Donald Trump’s policies as frustrating as the midterm election approaches.
WHO: Doug Rende, CEO of Shapes Unlimited
WHAT: Rende says tariffs and the Iran war have increased his company's costs.
WHEN: Reported Oct 11, 2026 at 2:10 AM ET
WHERE: Ohio, USA
WHY: Tariffs have raised the company's annual costs, and the Iran war has made shipments more expensive.

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