Pennsylvania Governor Josh Shapiro criticized President Donald Trump’s tariffs, blaming them for a drop in the U.S. stock market and warning of increased consumer prices. Shapiro, a Democrat potentially eyeing a presidential run in 2028, called the tariffs “reckless” and “dangerous,” particularly for Pennsylvania farmers who could lose international market share. The tariffs, including a blanket 10% tariff on all countries, will disproportionately impact Pennsylvania’s agricultural exports, including dairy products, corn, and plant products.
Shapiro highlighted the negative impact of retaliatory tariffs imposed by China in 2018, which led to the federal government shelling out billions to American farmers. He stressed that the ongoing trade war is already hurting Pennsylvania farmers who are being unnecessarily affected by the tariffs. The U.S. stock market has been volatile since the tariffs were announced, leading some economists to warn of a looming recession.
However, White House senior trade adviser Peter Navarro assured that Trump’s tariffs would not trigger a recession. The tariffs have caused uncertainty in the domestic markets, with Pennsylvania farmers bracing for the consequences. Despite the ongoing trade disputes, Pennsylvania remains a significant player in agricultural exports, with roughly $2.6 billion in agricultural products exported in 2022, ranking it 23rd among all states. Shapiro’s criticism of Trump’s tariffs comes amid growing concerns about the impact of the trade war on Pennsylvania’s economy.
Note: The image is for illustrative purposes only and is not the original image associated with the presented article. Due to copyright reasons, we are unable to use the original images. However, you can still enjoy the accurate and up-to-date content and information provided.