Trump’s tariffs could increase the price of Ohio craft beer

Trump’s tariffs could increase the price of Ohio craft beer

President Trump imposed 25% tariffs on aluminum and steel imported into the United States, and a 25% tariff on Canadian barley, all vital to the industry.

Punto y Coma MX The increase in tariffs, which will enter into force on July 14, breaks with a trade agreement between the two nations in which a minimum price was established for Mexican tomatoes. U.S. economists estimate that the tariff increase to Mexican tomatoes could cause the price of this product to increase by 10% on the market and also affect the costs of U.S. companies that sow these fruits in Mexico.

How Trump’s Tariffs Could Hurt US Farmers and Benefit Brazil

China has long relied on the U.S. for soybeans. But with new steep tariffs, it is likely to look even more to Brazil and Argentina.