Tariffs to protect jobs drive up prices in North Carolina
Story Date: 4/24/2018

 

Source: Paul Woolverton, FAYETTEVILLE OBSERVER, 4/23/18


The ongoing trade dispute between the United States and China is poised to drive up the operating costs for North Carolina farmers. If it goes unresolved, the dispute could drive down the sale prices for their crops. Elsewhere in the economy, home builders are paying more for lumber, in part because of recently enacted tariffs on Canadian timber. Imported clothes washing machines cost more. And a Cumberland County solar energy company anticipates the solar business will slow down in the next few years.

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