U.S. Exporters Will Be a Surprise Loser From Tariff Fight
Who’s the most important loser when tariffs are imposed on imports? The stunning reply: exporters.
Although fully counterintuitive, principle and proof present that taxes on imports act similar to a tax on exports.
Although it’s early, the Trump administration’s current spherical of tariffs is already rippling out to exporters: Soybean farmers face plunging…
Supply hyperlink – https://www.wsj.com/articles/how-tariffs-hit-u-s-exports-not-just-imports-1531128600?mod=pls_whats_news_us_business_f