Businesses in a range of industries have raced to figure out how to handle rising costs in the middle of a shakeup in global trade policy.

Josh Smith says he'd happily buy the bevel-grinding machines from a U.S. supplier, but he can't. “There’s only two companies in the world that make them, and they’re both in…

Businesses in a range of industries have raced to figure out how to handle rising costs in the middle of a shakeup in global trade policy.