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Lobsters, Small Batch Whiskey And Trump’s Trade War

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Now cranberry farmers are an unlikely victim of a trade war, in large part because Wisconsin is one of the world’s biggest cranberry producers and is the home state of Representative Paul D. Ryan, the Republican speaker of the House.

Like most Republican lawmakers, Mr. Ryan opposes tariffs and wanted to avoid a trade war. But other countries have targeted his and other politically important states in an effort to exert pressure on lawmakers and Mr. Trump ahead of the midterm elections.

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As a result, the European Union has included cranberries among the items subject to new tariffs that took effect this week, and the industry is about to feel the pain.

Tom Lochner, executive director of the Wisconsin State Cranberry Growers Association, said that the tariffs would “hinder our ability to compete in international markets.”

According to the Cranberry Institute, a trade association, exports to Europe were about $127 million last year, and the additional costs of doing business there would most likely make a dent in that figure, putting family farmers at risk.

Terry Humfeld, executive director of the institute, said while it was too soon to estimate the total market impact, the reason for singling out cranberries was obvious.


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Source : https://www.nytimes.com/2018/06/22/us/politics/donald-trump-tariffs-trade-war.html

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