STEPHEN MOORE: This tariff is an expensive gift to China and our families will pay for it
Stephen Moore argues that recent tariffs on tinplate steel are detrimental to American families and the canned food industry. He highlights that these tariffs have led to significant price increases for canned goods, which are now costing consumers more. Moore suggests that the tariffs, rather than protecting jobs, are instead raising costs for families and could have political repercussions for Republicans in upcoming elections.
- ▪The price of canned goods has risen by 40 percent in recent years due to tariffs on imported tinplate steel.
- ▪U.S. can makers now import approximately 70 percent of their tinplate steel, up from 42 percent eight years ago.
- ▪One-third of the wholesale price of canned fruits and vegetables is linked to the cost of the can, which has increased significantly.
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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 Facebook Twitter Threads Flipboard Comments Print Email Add Fox News on Google close Video Trump threatens China with tariffs over reports of Iran aid Rep. Tim Burchett, R-Tenn., discusses reports alleging China provided military aid to Iran and U.S.-Iran talks ending without a peace deal on ‘The Big Weekend Show.’ NEWYou can now listen to Fox News articles! 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…
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