Potential Impacts of the 25 Percent Tariff Levied by the European Union and United Kingdom on U.S. Tobacco, Tobacco Products and Sweet Potatoes
A worst case scenario could mean a loss of tobacco exports of about $147 million in farm gate value and $58 million in processing and manufacturing value plus $70 million in sweet potato exports.
Grennes: There’s No Way to Win a Trade War
There are no signs of an end to this tariff war. When will both sides recognize that interfering with voluntary trade is harmful to both parties? Trade wars are lose-lose propositions.