Monday, March 12, 2018

UPDATE. Trade wars are easy to win (The 'chicken wars" edition)




Reported in What History Has to Say About the ‘Winners’ in Trade Wars.  (The New York Times, 3/8.2018)

Related reading:
If You Aren't Worried About A Trade War, You Don't Know About The Chicken Tax.  (Forbes, 3/3/2018)
How it started.  The switch to factory farming in the United States after World War II transformed chicken from a luxury food to a mass-produced commodity. Once American poultry companies had satisfied the domestic demand, they started shipping their surplus boilers and fryers across the Atlantic. 
Soon, European chicken farmers were crying foul.


3/11/2018 update, "The Smoot-Hawley Tariff Act of 1930 edition", starts here.

Photo credit:  Wikipedia

Related reading:
The battle of Smoot-Hawley.  (The Economist, 12/18/2008)


3/10/2018.  The McKinley Tariff Act of 1890


Reported in What History Has to Say About the ‘Winners’ in Trade Wars.  (The New York Times, 3/8.2018)

The McKinley Tariff of 1890.  (U.S. House of Representatives)

Related posts:
Greetings from Trump's America: Fond du Lac County, Wisconsin, which has much to lose in a Trump trade war.  (3/7/2018)
Uttered without a hint of irony.  (3/6/2018)
Trump, tariffs and trade wars: Be careful what you wish for.  (3/6/2018)
UPDATE. Donald Trump and his 'easy-to-win' trade war is a disaster-in-the-making for Harley-Davidson.  (3/4/2018)
Will Donald Trump lose his edge in Manitowoc County with his 'easy-to-win' trade war?  (3/4/2018)

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