Foreign Trade

The Trump Tariff Layoffs Begin

3/17/18
from The Wall Street Journal,
3/16/18:

A keg manufacturer lays off workers as domestic steel prices rise.

American Keg Company is the only remaining U.S. manufacturer of stainless steel beer kegs. Despite competition from German and Chinese firms, American Keg has only used domestic steel. But now it’s being punished for this domestic sourcing as Donald Trump’s steel tariffs have forced the business to lay off a third of its workforce.

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