American businesses and consumers are bearing the brunt of the emerging global trade war.
By now, it’s plain to see that tariffs are inflicting harm on the American economy and will continue to do so unless the administration changes course.
The U.S. needs free and fair trade, but imposing tariffs to get there is the wrong approach.
Use the map below to learn about the states and businesses being harmed by the emerging trade war.
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Tariffs on steel, aluminum, and Chinese imports, as well as the potential for additional tariffs on autos and auto parts, have pushed us into an emerging 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.
In November, my wife and I are expecting our first child. Somewhere between all the doctor’s visits and baby classes, we’ve found a little time to begin shopping for the countless essentials (as well as a few fun gadgets and gizmos) we’ll need as we embark on parenthood.
The tit-for-tat escalation of the tariff war continues – and the damage is mounting quickly.
Dick Walden is a third-generation pecan farmer in Sahuarita, AZ, where his family owns and operates the sprawling 4,500 acre Green Valley Pecan Farm. He and his fellow Arizona farmers produced more than 28 million pounds of pecans last year alone, a large share of which was sold to customers overseas.
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.