STEPHEN MOORE: This tariff is an expensive gift to China and our families will pay for it |
Opinion
STEPHEN MOORE: This tariff is an expensive gift to China and our families will pay for it
As costs for the U.S. canned food industry have increased, American producers are being undercut by foreign-filled canned goods
By Stephen Moore Fox News
Published June 5, 2026 5:00am EDT
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I’m a free trader, but I also understand that for competitiveness and strategic reasons, President Trump’s trade tariffs are used as leverage to help make trade freer and fairer. He’s a master negotiator, who has used the tariff threat to force other nations to play by the rules and level the playing field.
But some specific tariffs don’t make sense, and instead of saving jobs, they raise prices for consumers – especially when there is no viable domestic producer here at home.
In these cases, the "affordability" issue – real and in some cases imagined - is made worse for families. Many grocery items have risen by 25 to 30% in recent years, and the price of canned goods – from peas to peaches – has risen 40 percent during the same period. If these prices keep rising, voters will get angrier and Republicans will feel the........