The first casualties of President Trump’s trade war are 60 workers at Mid-Continent Nail, America’s largest nail manufacturer. They lost their jobs on June 15 at a factory in a part of Missouri that voted overwhelmingly for Trump. The whole company could be out of business by Labor Day.

This is a potential game changer in Trump’s trade strategy, especially if it marks the start of more companies announcing layoffs. On Monday, Harley-Davidson said it will be moving some “production” offshore because of the trade war (Europe hit Harley with a 31 percent tariff in response to Trump’s steel tariffs on Europe). Harley won’t confirm whether jobs are leaving the United States, but the union representing many Harley workers, the International Association of Machinists and Aerospace Workers, is worried.

Continue reading:  The first layoffs from Trump’s tariffs are here

7 thoughts on “The first layoffs from Trump’s tariffs are here

  1. It’s bad, but perhaps it’s also good. When Aznar was in office he took extremist positions on a whole lot of things. Tried to roll back abortion rights, bar any recognition of rights for gays, entered the Iraq war… the result was major social and political backlash.

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