And it's not just the farmers...
Per the New York Times, the move changes the rules of trade in ways that have no recent historic precedent. "This is the first time U.S. consumers will see the costs quite directly, right as we head into the busiest shopping time of the year," Western Washington University economics professor Edward Alden told the Washington Post. China has introduced retaliatory taxes, the first phase of which came into effect Sunday.
[...]
American consumers can now expect higher prices on consumer items like "clothing, toys, home goods, and electronics," per the Retail Industry Leaders Association.
J.P. Morgan estimates the tariffs will cost the average American household $1,000 a year.
Axios
That's okay. At least we can say Merry Christmas again.
Trade wars are good and easy to win.
...but hey, do what you want...you will anyway.
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