Tag: Trump trade ware

Trump imposes steel and aluminum tariffs on the E.U., Canada and Mexico

The following article by David J. Lynch, Josh Dawsey and Damian Paletta was posted on the Washington Post website May 31, 2018:

Trump’s announcement of a 25 percent tariff on steel imports could greatly affect products that you may not know depend on it, like Reddi-wip. (Jhaan Elker/The Washington Post)

President Trump on Thursday imposed tariffs on imported steel and aluminum from the European Union, Canada and Mexico, triggering immediate retaliation from U.S. allies and protests fromAmerican businesses and farmers.

The tariffs — 25 percent on steel and 10 percent on aluminum — take effect at midnight Thursday, marking a major escalation of the trade war between the United States and its top trading partners. Continue reading “Trump imposes steel and aluminum tariffs on the E.U., Canada and Mexico”

They voted for Donald Trump. Now soybean farmers could get slammed by the trade war he started.

The following article by Caitlin Dewey was posted on the Washington Post website April 5, 2018:

China imposed tariffs on 128 U.S. goods on April 2. The move is retaliation for tariffs President Trump announced on Chinese aluminum and steel. (Victoria Walker/The Washington Post)

Bret Davis voted for Donald Trump in 2016, as did many of his fellow farmers in central Ohio. But as a brewing Chinese trade war begins to threaten U.S. exports, Davis fears his fifth-generation farm will suffer.

The farm, where Davis and his stepson grow 1,300 acres of soybeans, corn and wheat for Ritz crackers, may not withstand the long-term drop in crop prices a trade war could bring, Davis said. And although he supports President Trump’s goal of making foreign trade more “balanced,” he’s increasingly concerned that Trump’s methods could harm the rural Americans who helped put him in office. Continue reading “They voted for Donald Trump. Now soybean farmers could get slammed by the trade war he started.”