Source: SOUTHERN FARM NETWORK, 12/10/18
Tariffs Hurt the Heartland has released data showing an increase in import tariffs and falling U.S. exports due to new tariffs and international retaliation. The group says tariff costs to U.S. businesses have never been higher. The data is drawn from U.S. Census statistics on tariffs. It includes the first look at the full weight of the tariffs that were imposed on $200 billion in Chinese imports, as well as the impact of trade retaliation. The data shows that U.S. businesses paid $6.2 billion in tariffs during October.
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