Make Me Smart “Tariff on the brain”
7 snips
Mar 13, 2025 The discussion revolves around the chaotic impact of tariffs on U.S. farmers, particularly with China's strategic moves against key agricultural states. Unpredictable tariffs are creating challenges for industries, making markets feel 'untradable.' Small businesses share their struggles, feeling the economic strain of these policies. A historical song from the Farmers Alliance critiques monopolies and political corruption, adding a whimsical twist to the serious subject. Tune in for insights and a dash of humor!
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Tariff Politics
- Retaliatory tariffs by China target U.S. agricultural goods, impacting farmers.
- These tariffs are aimed at goods from Republican-leaning states for political reasons.
Chicken Feet and Culture
- Chicken feet, while not popular in the U.S., have a large market in China.
- Cultural factors influence demand and shape import/export markets.
Impact on Production
- Reduced exports due to tariffs may decrease overall production of certain goods.
- Farmers may raise fewer animals if they can't sell byproducts like feet or organs to foreign markets.