For years, Mackeys Ferry Sawmill in North Carolina relied on exporting its goods to China and Vietnam after a dip in domestic demand for high-quality hardwood. But President Donald Trump’s trade war with China dealt a blow that the mill’s owners say they couldn’t come back from. In July, just months after the president announced his “Liberation Day” tariffs, they decided to shut it down.

On today’s Big Take podcast, Bloomberg economics reporter Shawn Donnan goes to the “Old North State” to understand the ripple effect of tariffs on one of the oldest industries in America and how the mill’s owner feels about Trump and his policies, one year after voting for him in the ballot booth.

Listen more: The Most Worrying — and Reassuring — Signals in the US Economy

For years, Mackeys Ferry Sawmill in North Carolina relied on exporting its goods to China and Vietnam after a dip in domestic demand for high-quality hardwood. But President Donald Trump&rsquo;s trade war with China dealt a blow that the mill&rsquo;s owners say they couldn&rsquo;t come back from. In July, just months after the president announced his &ldquo;Liberation Day&rdquo; tariffs, they decided to shut it down.
On today&rsquo;s Big Take podcast, Bloomberg economics reporter Shawn Donnan goes to the &ldquo;Old North State&rdquo; to understand the ripple effect of tariffs on one of the oldest industries in America and how the mill&rsquo;s owner feels about Trump and his policies, one year after voting for him in the ballot booth.
Listen more: <a href="https://omny.fm/shows/the-big-take/the-most-worrying-and-reassuring-signals-in-the-us-economy">The Most Worrying &mdash; and Reassuring &mdash; Signals in the US Economy</a>

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

Big Take

They Voted for Trump. His Tariffs Took Down Their Family-Owned Sawmill

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/c251605d-5866-4dd2-9e82-b39501667bb0/transcript

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