Indiana Businesses Sound Alarm On Trump Tariffs

[jpak]

https://www.eaglecountryonline.com/news/local-news/indiana-businesses-sound-alarm-on-trump-tariffs/

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Kevin Brinegar, president and CEO of the Indiana Chamber of Commerce, says retaliation for the U.S. tariffs is already being felt here at home.

"Orders are down," he points out. "Soybean prices here in the state of Indiana are at a 10-year low. And there's a buzz in the business community about the impact that is starting to occur and that will only accelerate if these tariffs are allowed."

If orders and prices for exported goods continue to fall, Brinegar is fearful Indiana jobs will be lost, and a recession could be triggered.

Canada has already imposed matching retaliatory tariffs on the U.S., and China imposed a 25 percent tax on hundreds of U.S. imports, including soybeans.

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[Freethinker65]

1. I must have missed the part where they suggested voting for a Democrat as a possible solution

[Moostache]

2. Indianastan deserves the fruits of their voting...

They are unwilling to bag the racism and vote their economic interests and as a result, they get the double whammy - a crumbling state infrastructure and government courtesy of one Mike Pence and a collapsing world export market for agro products courtesy of their Tangerine shaded idol.

Hope that recession treats the farmers to what they have earned by voting the way they have...foreclosure and loss of the few remaining family operations into the corporate farming behemoth.