Quote:
Originally Posted by Yuptag
Look on almost any OJ carton in the supermarket in the OJ is partially from Brazil.
|
OJ at US supermarkets has zero to do with OJ tariffs on OJ exported from the USA to EU.
The new tariff is for OJ from the USA which is imported into any of the 28 countries that are part of the European Union(EU). This would be Germany, France, Spain, UK(for now), Ireland, Greece, Italy, Romania, Sweden, Finland, Denmark etc
Many companies in the EU will stop buying OJ from the USA(due to price increases resulting from the new tariff) and they'll replace it from OJ coming from other countries. This means companies in the USA will have fewer orders for OJ and they could begin losing money and will lay off people in the USA because the company can no longer make payroll due to not selling enough product in order to stay afloat as a company. In addition, shipping companies from the USA will have fewer orders and could layoff their truck drivers and/or shipping staff.
Some of those EU companies might not switch back to USA OJ suppliers after the tariffs are removed because they are happy with the new OJ supplier from the other country.
https://en.wikipedia.org/wiki/Member...European_Union