UNCONSTITUTIONAL


Our Founding Fathers Rejected
FREE TRADE And So Should We


Chapter Samples Buy the Book

These American industries stand to benefit from Trump’s tariffs

Beer brewers, steel and aluminum companies, shrimpers, and construction and heavy machine manufacturers all stand to benefit. Each of those industries has been hurt by a flood of cheap imports and is eager for more tariffs to raise prices on overseas competitors.

Shrimpers and shrimp associations hailed the tariffs as a critical lifeline for an industry that has been battered by foreign competition.

Roughly 96% of all the shrimp eaten in America is imported from countries such as India, Indonesia and Ecuador, as the cost of raising shrimp in a pond overseas is considerably cheaper than outfitting a shrimp boat with paid workers, fuel and other necessities in the U.S.

The cheaper imports had faced no import tariffs, undercutting the U.S. shrimp industry. As a result, U.S. shrimpers have lost nearly 50% of the market value and forced many shrimping businesses to close, according to data from the Southern Shrimp Alliance.

Read the article.