Trump's tariffs will make recovery from Hurricane Florence more expensive [View all]

[KY_EnviroGuy]

Trump’s tariffs will make recovery from Hurricane Florence more expensive
By Stuart Leavenworth
[e-mail]
September 17, 2018 04:08 PM

[link:https://www.charlotteobserver.com/latest-news/article218532095.html#storylink=hpdigest|

(snips)

The tariffs President Trump has slapped on imports from foreign countries — including duties on $200 billion of Chinese goods announced Monday — are almost certain to raise costs on homeowners in the Carolinas hoping to rebuild and refurnish after Hurricane Florence.

While prices naturally rise after a natural disaster, given the spike in demand for building materials, Trump’s trade war has already boosted costs for imported plywood and lumber, which jumped 30 percent in the six months after the Trump administration announced tariffs on Canadian softwood timber in December.

In addition, Trump’s tariffs on Chinese imports have boosted prices for furniture, washing machines and other appliances, and the president late Monday announced an additional 10 percent tariffs on a range of Chinese exports, which could increase to 25 percent by the end of the year.

Why do Republicans always punish Americans having the least voice and lowest incomes? Because they don't care and poor people are not their sugar daddy.......