Wall Street Journalのインスタグラム(wsj) - 8月3日 08時28分


Chippewa Valley Bean Co. in Menomonie, Wis., is running out of room to store kidney beans. One-ton bags of them cover the floors of cavernous warehouses owned by the family company, one of the world's largest processors of dark red kidney beans. ⠀

The business had been on track to ship to Europe 60% of its beans traded internationally this year, worth $25 million. Now, "we're just sitting on our hands," said company president Cindy Brown. ⠀

Agricultural businesses across the U.S. are reeling from retaliatory tariffs sparked by President Trump's global trade offensive—levies imposed on a wide range of American goods from soybeans and pork to ginseng and cranberries. After the U.S. placed tariffs on European steel and aluminum in June, Europe hit back with a tax that, among other things, made American kidney beans 25% more expensive in Europe.⠀

For now, Chippewa Valley has stopped processing kidney beans to avoid running out of space to store them. "But how long can you do that," Brown said, "and still keep your doors open?"⠀

Read more at the link in our bio.⠀

?: @timgruber for @wsjphotos


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