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Eugene

(61,974 posts)
Mon Jun 25, 2018, 10:12 AM Jun 2018

Trump's Trade War Could Shut Cheesemakers Out of Foreign Markets

Source: New York Times

Trump’s Trade War Could Shut Cheesemakers Out of Foreign Markets

With other countries raising tariffs to American products and signing trade deals without the United States, the American cheesemaker is increasingly standing alone.

By Ana Swanson
June 24, 2018

PLYMOUTH, Wis. — It’s a common observation here that you can’t turn off the cows — not for Christmas, and not for a trade war.

So as President Trump’s aggressive trade measures prompt other countries to retaliate with barriers to American goods, dairy farmers and cheesemakers in the rolling, bright green hills of Wisconsin are growing anxious about what will happen to all of the milk and cheese they churn out and typically sell overseas.

“If export markets get shut off, I could see us getting to the point where we’re dumping our milk in the fields,” said Jeff Schwager, the president of Sartori Company, which has produced cheese in a nearby town for generations with milk it purchases from more than 100 dairy farms throughout Wisconsin. “It’ll be a big ripple effect through the state.”

Mr. Trump has set off trade clashes with countries around the world, demanding new trade agreements and slapping tariffs on allies to reset what he says are deeply unfair terms that hurt American companies and workers. He has singled out certain American industries that he says are at a global disadvantage, including automobiles and dairy — which led to a public spat between Mr. Trump and the Canadian prime minister Justin Trudeau over Canada’s dairy tariffs.

The president’s trade approach stems from his campaign promise to revive American industry, particularly manufacturing, by putting “America First.” That promise helped propel Mr. Trump into office. But the ramifications of the president’s protectionist approach are beginning to be felt in the towns and counties that elected him, as the downsides become more evident than any upside.

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Read more: https://www.nytimes.com/2018/06/24/business/trump-trade-war-cheese-exports.html
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Trump's Trade War Could Shut Cheesemakers Out of Foreign Markets (Original Post) Eugene Jun 2018 OP
Does the $800 Billion trade deficit each year quartz007 Jun 2018 #1
 

quartz007

(1,216 posts)
1. Does the $800 Billion trade deficit each year
Mon Jun 25, 2018, 09:33 PM
Jun 2018

cause any real harm to this country? If not, trade wars are a stupid idea.

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