April 10, 2025

Effect of Tariffs

Law firm, England & Knight have put up the following page summarising the full effect of China's counter-tariffs:

https://www.hklaw.com/en/insights/publications/2025/04/chinas-comprehensive-retaliation-against-us-tariffs

Note that Red States will bear the full impact of effective bans on poultry, pork, wheat and soybeans. China can easily replace these supply lines with output from Brazil, Argentina, New Zealand and Australia.

Further, Canada and Mexico are still where they are:

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