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Farmers and Manufacturers Show Guarded Optimism About Trump’s Tariffs – David M. Drucker

Some farmers and manufacturers in America’s heartland are giving Donald Trump political slack to wield economically disruptive tariffs. They remain hopeful levies the president is slapping on imports, and the ensuring foreign retaliation, will lead to greater long-term prosperity.

Contrary to the anxiety roiling corporate C-suites across the country and business groups in Washington, D.C.—where opposition to Trump’s tariff strategy is rampant—farmers and manufacturers in the Midwest whose livelihoods rely on exports and imports seem generally supportive of the Trump administration’s early posture on trade. Agriculture and industry advocates in Michigan, North Dakota and Wisconsin—three states with economies powered by international trade—said they are willing to give the president time to deliver his promised “golden age of America.” 

Jim Holcomb, president and chief executive officer of the Michigan Chamber of Commerce, said companies in his state are being patient with Trump because they view trade policy as just one facet of a holistic agenda to improve the business climate in the United States. From that vantage point, tariffs are connected to Trump’s plans to reduce regulations, enact tax cuts, and shrink the federal bureaucracy via the Elon Musk-led Department of Government Efficiency.  

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