Trump's Trade Wars Are Making Us Eat More Bacon
- 5 years ago
Donald Trump’s presidency is clogging American arteries. When the President decided the U.S. was getting a very bad deal from trade agreements with Mexico, China, and other worldly powers, he enacted a tariff on steel and
aluminum that he said favored U.S. manufacturers.
But that tariff back-splashed all over other American companies, with Harley-Davidson, Miller-Coors and more saying they would be forced to move jobs overseas.
Mexico and China also retaliated with their own taxes, including a tax on U.S. pork.
Now, less pork is going abroad, leaving more on the home front. So, prices on pork are being cut to accommodate the excess supply.
aluminum that he said favored U.S. manufacturers.
But that tariff back-splashed all over other American companies, with Harley-Davidson, Miller-Coors and more saying they would be forced to move jobs overseas.
Mexico and China also retaliated with their own taxes, including a tax on U.S. pork.
Now, less pork is going abroad, leaving more on the home front. So, prices on pork are being cut to accommodate the excess supply.