Trump's Trade Wars Are Making Us Eat More Bacon

2018-11-20 98

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.

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