businessliberal
New Tariffs Could Hurt Trump-Won States
USASaturday, November 16, 2024
China might target American farmers, who already have a tough time with other trade issues. "If China can find alternatives, they'll probably stop buying from U. S. farmers, " said James McGregor, a long-time China business consultant. He also warns that China could squeeze out American companies through regulations. "American firms in China might get pushed out and replaced, " he added. So, while Trump's tough stance on tariffs could have immediate impacts, the long-term effects might be even more significant.
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