Tennessee farmers urge end to tariff confrontation with China
FedEx Freight boss Mike Ducker retiring Aug. 15.
HENRY — Jimmy Tosh, a third-generation farmer in this northwest Tennessee town, plans to add 30 new barns to raise pigs in and expand production for his family-owned farm that employs 380 individuals. His plans are less certain now as he looks at the increase in steel prices and a smaller market for pork — the results of a tariff confrontation with China.
Rebar pricing has increased 17 percent since the steel tariff was announced, making the new barns more Inside Manuel Duran’s arrest was retaliation for news coverage, lawyers say. expensive, he said. With China the third largest market for U.S. pork, Tosh said he expects revenue to decline.
“That is a market that is going to be hard to be replaced,” Tosh said, sitting in an office decorated with a pig clock and pig-themed pillows. “If we have higher costs and lower revenues, that equals less profit. We’ll have to rein in expansion.”
Tosh is among Tennessee farmers concerned about the tariff showdown underway between President Donald Trump and China. When Trump announced new tariffs on imported alumi- The state’s largest news organization is partnering with the Jackson Chamber, the Jackson Energy Authority, Lane College, Leadership Tennessee and WBBJ Television. Where:
6:30 p.m. CT Lane College in Jackson
The forum will air on WBBJ-TV and be streamed across the entire USA TODAY NETWORK - Tennessee, including commercialappeal.com.