China, the EU, Mexico and Canada have already retaliated or announced plans to retaliate with billions of dollars in tariffs on American-made products.
Tariffs imposed by the United States are nothing more than a tax increase on American consumers and businesses–including manufacturers, farmers, and technology companies–who will all pay more for commonly used products and materials.
Retaliatory tariffs imposed by other countries on U.S. exports will make American-made goods more expensive, resulting in lost sales and ultimately lost jobs here at home.
This is the wrong approach, and it threatens to derail our nation’s recent economic resurgence.
Use the map below to learn how each state is threatened by this emerging trade war.
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New tariffs on steel, aluminum, and Chinese imports, as well as the potential for additional tariffs on autos and auto parts, have pushed us to the brink of a global trade war. Canada, Mexico, the EU, and China have already retaliated—or announced plans to retaliate—with billions of dollars in tariffs on American-made products.
Millions of U.S. jobs depend on America’s ability to trade with other countries. Half of all U.S. manufacturing jobs depend on exports, and one in three acres of American farmland is planted for international sales. But recent and proposed trade actions by the Trump administration threaten as many as 2.6 million American jobs and will stymie our economic resurgence.
Imposing tariffs on imported goods will hit American consumers and businesses—including manufacturers, farmers, ranchers, and technology companies—with higher costs on commonly used products and materials.
Simply put, tariffs are a tax on American consumers and businesses. Tariffs are the wrong approach to address unfair trade practices.
Glen and Patti Hutchinson have been farming the same stretch of fields in Murfeesboro, TN, about 30 miles southeast of Nashville, for three decades. Their son, Will, inherited the agricultural genes and has worked alongside his parents on the farm since he was a child, helping grow soybeans, corn and wheat for sale across the country and around the world.
In response to mounting frustration from farmers across the country, the administration last week proposed spending up to $12 billion of taxpayer money to compensate farmers and ranchers for the deep economic losses they are suffering as a result of the ongoing trade war.
Pretty much everything in a brewery that isn’t an ingredient or a stool is made of metal.
It’s a lesson Sam Masotto, the owner of Bonn Brewing, a small brewing company on the south side of Bethlehem, Pennsylvania has learned well.
Farmers are always looking to the sky hoping for cooperation from Mother Nature. For Illinois farmers this year, the weather has been good enough that they’ve had a different source of anxiety: an emerging trade war.
Bob Hemesath is a fourth-generation farmer in Winneshiek County, IA, where he and his brother, Ron, grow corn, produce hay, and raise pigs for domestic and international consumption.