For years, Mackeys Ferry Sawmill in North Carolina depended on overseas buyers in China and Vietnam after domestic demand for premium hardwood declined. But when President Donald Trump launched his escalating trade war, the mill’s owners say the damage was immediate and ultimately irreversible. By July—just months after Trump declared his “Liberation Day” tariffs—they made the decision to shut the…
Most of their work was from overseas.
The domestic market obviously did not support this mill.
Odds are whatever company (and employees) fills the void will not be paying into the USA.
Your take is that it’s un-american to produce a product for export?
My take is that tarriffs killed the ability for this mill to compete for its foreign customer’s business, which was the majority of the business. After tarrifs there were not enough domestic customers to keep the doors open.
The mill that will meet the foreign needs will not be American because the dont have to add on tarrif increases.
Thus the jobs, business tax, payroll tax, and wages reinvested in the economy will all be going to some other nation.