Utah Pig Farmers are in for a Hard Winter.
Utah Pig farmers will be eating the farm as China follows through with their threats of retaliation against Trump's 2018 tariffs. There are things about the New National Security tariffs that just don't make sense, but the risk to pork farmers isn't one of them. Derek Scissors, a resident scholar at A.E.I., or the American Enterprise Institute, said "it takes work to get the trade deficit under control..." "and that isn't inconsistent with the President's promises to shrink our trade deficit with China." source ... in an article written for KSL news meant to foreshadow the hard times Utah is in for, pork prices were one of the issues that made a lot of sense. In 2008, Pork made up $34.5 billion to the country’s GNP, or gross national product. ( Source ) As of the end of March, 2018, when the White House firsts announced the new tariffs, the pork that Utah farmers shipped to China made up roughly $20,000,000 of America's GNP: and n...
