Most Americans haven't yet felt the pain of the Trump's tariffs , but farmers in the heartland, many of whom backed Trump because of his promise to help them, are anxious about the threat of tariffs after China canceled purchases of US soybeans last year. Both Walmart and Macy's say they might need to increase the prices if Trump goes ahead with expanding tariffs to cover almost everything China exports to the US, from toys to clothes and hardware.
And his move this week to limit the reach of major Chinese telecommunications company Huawei, which sells cheap equipment chiefly to small, rural phone and Internet service providers, could raise prices for customers in the heartland. Telecom companies in rural areas may face increased costs if they are unable to buy the equipment they need from Chinese suppliers, and that could affect customers who depend on those connections. "Farmers, ranchers, small businesses in rural America, the people who support those businesses in rural America ," said Carri Bennet, the general counsel for the Rural Wireless Association. "It doesn't help them. It ends up hurting them."
Farmers have already been struggling to adapt to Chinese tariffs on US soybeans, corn and wheat." Farmers were Trump's base," John Wesley Boyd Jr., a Virginia-based soybean farmer, said in a recent interview. "They helped elect this President but now he's turning his back on America's farmers when we need him the most."
But the impact of Trump's latest escalations go beyond just agriculture. About 2.1 million workers in aircraft manufacturing, tobacco and dozens of other industries are affected by the trade war. A similar study found that Trump's recent escalations could affect more than five times as many workers. And, the trade war has forced US businesses to pay nearly $750 million in tariffs for products related to 5G, the mobile data technology the US says is the key to economic development.