“While that tariff will hit every container of unprocessed products clearing customs, trucking, processing, warehousing and retailers’ costs here need not change.”
So a 10% tariff, even if borne entirely by Americans, may be significantly less than a 10% price increase. Good stuff in here.
“Given years to adjust to the new tariffs, seasonal vegetable production and canning could again be important in these mid-Atlantic states, although many farm fields have become suburbs.”