Trump’s tariffs are hitting U.S. cheesemakers hard, CEO says
#tariffs #cheese #canada
Jasper Hill Farm CEO Mateo Kehler joined “The Hill on NewsNation” to respond to comments from U.S. Trade Representative Jamieson Greer, who said small businesses nationwide are feeling the effects of the trade dispute with Canada. In response to President Donald Trump's 50% tariffs on certain ingredients, Canada imposed matching 50% tariffs on comparable American ingredients and a 25% tariff on all U.S. cheese.
Video Summary
AI GeneratedVermont cheesemaker Matteo Keeler discusses the devastating impact of the U.S.-Canada trade war on small businesses. He highlights the total loss of the Canadian market, rising operational costs due to tariffs on supplies, and the destabilization of a deeply integrated cross-border economy, arguing that these policies benefit no one and harm regional allies.