Why are people surprised? The only place cocoa can be grown in commercial quantities in the US is Hawai'i - and Hawai'i can't grow enough for 100% of US demand for the product.
The bulk of US cocoa imports come from Africa and Central/South America. #TariffConsequences
Tariffs were supposed to be America's strength. Now prices are climbing quietly—and your couch just joined the conversation.
#Inflation2025 #TariffTrouble #PriceHikeAlert #EconomicPolicy #USEconomyWatch #TariffConsequences
1/8
😜TRUMP'S TARIFFS WILL SPARK SMUGGLING ERA😜
Trump's tariffs will create "perhaps the greatest arbitrage opportunity in world trade history" as goods cost 20-35% more in America than globally, predicts Frum. Cross-border bootlegging will follow.
#TariffConsequences #CrossBorderTrade
9/10 These "liberation day" measures are described as "a blunderbuss mess" that raises costs for US manufacturers, makes them less competitive, and exceeds the infamous Smoot-Hawley tariffs that worsened the Great Depression.
#TariffConsequences #ManufacturingImpact
Sheinbaum’s Popularity Rises Amid Trump’s Tariffs on Mexican Goods energiesnet.com/sheinbaums-p... #TrumpTariffs #MexicoTrade #SheinbaumPopularity #USMexicoRelations #TradeWar #EconomicImpact #MexicanNationalism #TariffConsequences #USPolitics #GlobalEconomy
5/8 "If the tariffs stay in place, I will have to close my business, as American customers are half my sales," Adrian adds. Sectors feeling the squeeze include construction, manufacturing, landscaping, hospitality, tourism, retail and financial services.
#JobLosses #TariffConsequences
7/8 Saskatchewan's Premier Moe highlighted how tariffs will backfire on Americans: "US farmers need Canadian fuel & fertilizer to grow their crops. Trump's tariffs will drive up costs of oil, potash & uranium that will increase grocery prices for U.S. families."
#TariffConsequences #AmericanImpact
