President Donald Trump has floated the idea of aiding farmers with a $12 billion package amid the recent barrage of U.S. tariffs — a clear anticipation of the tariffs’ impact on U.S. jobs.
Agricultural groups like the American Farm Bureau Federation have criticized the surge in U.S. tariffs, saying Chinese retaliatory tariffs will likely hurt U.S. farmers. Automobile companies are also caught in the crosshairs: foreign companies with operations in the U.S., such as Nissan Motor Co., Ltd. and Kia Motors Corporation, said the added tariffs pose a risk to U.S. workers, according to the Association of Global Automakers.
Will the Trump administration’s tariff actions live up to Trump’s campaign promises?
For this episode of Cases & Controversies, Bloomberg Law international trade reporter Dave Sebastian speaks with Celeste Drake, a trade and globalization specialist at AFL-CIO, and William Hoagland, senior vice president at the Bipartisan Policy Center. Follow Dave on Twitter: @depsebastian.
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