Tag: tariffs
Alabama Farmers Uncertain About Tomato Tariffs Effect
Tomatoes will likely soon get pricier. The Trump administration plans to impose a 17.5 percent tariff on tomatoes imported from Mexico. Those could take effect this week. Florida growers, who once dominated the market for off-season tomatoes, lobbied for the tariffs But today more than half the fresh tomatoes sold in the U.S. come from Mexico. Many Alabama growers and consumers are taking a wait-and-see approach. Read more.
Newspaper Publishers Get Welcome News as Tariff on Canadian Paper Overturned
Newspaper publishers throughout the state, already suffering financially as readers move from their print product to online news, have caught a break in another recent drain on their resources.
The International Trade Commission overturned on Wednesday a tariff imposed by the Trump Administration on newsprint imported from Canada, which supplies most of the paper used by American newspapers. The tariff increased production costs significantly for publishers, as newsprint is usually either their top expense item or a close second behind personnel.
The tariff was different from most of the others Trump has implemented or proposed as part of his escalating battle with China and the European Union, among other international trade partners. The newsprint tariff came at the request of one specific company, a paper mill in Washington state, whose owners claimed that the Canadian government was subsidizing newsprint producers north of the border, thereby hurting American producers.
Read more.
Read BirminghamWatch’s rundown on the tariffs:
Tariffs Imposed by U.S., Trading Partners Hit Home in Alabama
President Donald Trump is battling with countries he says are unfairly hurting America’s foreign trade, but some of his moves may adversely affect industries in Alabama in the process.
Trump’s new tariffs against China, Canada and the European Union — some proposed, some already in effect — are concerning the state’s auto manufacturers, farmers and newspaper publishers, and they have prompted responses from both industry representatives and politicians.
Tariffs Imposed by U.S., Trading Partners Hit Home in Alabama
President Donald Trump is battling with countries he says are unfairly hurting America’s foreign trade, but some of his moves may adversely affect industries in Alabama in the process.
Trump’s new tariffs against China, Canada and the European Union — some proposed, some already in effect — are concerning the state’s auto manufacturers, farmers and newspaper publishers, and they have prompted responses from both industry representatives and politicians. In particular, Doug Jones, Alabama’s newly elected U.S. senator, has criticized an investigation by the Department of Commerce that may cause price hikes in vehicles made in Alabama using parts imported from abroad.
The range of tariffs is wide but fluctuating, as Trump continues to negotiate with trading partners. Even as he announces additional tariffs and other countries retaliate by increasing their own against American exports, the president has said that he would remove all tariffs if other countries would do the same.
