Nicholas Gilbert- a NY dairy farmer- truly believed that other countries would pay for the tariffs. Instead he received

[riversedge]

24. Farmer fooled by tariff talk? Upstate NY farmer stunned as Trump tariffs hit hard, admits he thought Canada, not U.S. fa

Farmer fooled by tariff talk? Upstate NY farmer stunned as Trump tariffs hit hard, admits he thought Canada, not U.S. farmers, would foot the bill

https://economictimes.indiatimes.com/news/international/us/farmer-fooled-by-tariff-talk-upstate-ny-farmer-stunned-as-trump-tariffs-hit-hard-admits-he-thought-canada-not-u-s-farmers-would-foot-the-bill/articleshow/120410583.cms


Nicholas Gilbert, a dairy farmer from Potsdam, New York, is facing tough economic lessons in the middle of President Donald Trump’s ongoing trade war. Like many others in border towns, Gilbert assumed tariffs would be Canada’s problem—not his.


But when a recent livestock feed order from Ontario arrived, Gilbert was shocked to see it cost him $2,200 more than usual. The extra cost was due to tariffs, which he thought would be handled by the Canadian supplier. Instead, the bill landed squarely on his shoulders.

“I’m not even sure it’s legal!” Gilbert told The Atlantic. “We contracted for the price on delivery. If your pr ..

Unfortunately for Gilbert and many others, tariffs are legal—and they’re paid by American importers, not Canadian exporters.

Why did the farmer think Canada would pay the tariff?


Like many small business owners and farmers, Gilbert believed what President Trump has often repeated—that other countries would bear the brunt of the tariffs. But that’s not how the system works................

Read more at:
https://economictimes.indiatimeUnfortunately for Gilbert and many others, tariffs are legal—and they’re paid by American importers, not Canadian exporters.

Why did the farmer think Canada would pay the tariff?

Like many small business owners and farmers, Gilbert believed what President Trump has often repeated—that other countries would bear the brunt of the tariffs. But that’s not how the system works.





Read more at:
https://economictimes.indiatimes.com/news/international/us/farmer-fooled-by-tariff-talk-upstate-ny-farmer-stunned-as-trump-tariffs-hit-hard-admits-he-thought-canada-not-u-s-farmers-would-foot-the-bill/articleshow/120410583.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppsts.com/news/international/us/farmer-fooled-by-tariff-talk-upstate-ny-farmer-stunned-as-trump-tariffs-hit-hard-admits-he-thought-canada-not-u-s-farmers-would-foot-the-bill/articleshow/120410583.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
https://economictimes.indiatimes.com/news/international/us/farmer-fooled-by-tariff-talk-upstate-ny-farmer-stunned-as-trump-tariffs-hit-hard-admits-he-thought-canada-not-u-s-farmers-would-foot-the-bill/articleshow/120410583.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst