President Donald Trump’s trade tariffs are already claiming their first American victims. Thanks to Trump’s tariffs, the cost per ton of newsprint is now $800 instead of $600, upping the paper’s yearly bill by $3.4 million. “Payroll is the only expense that is bigger than newsprint,” Tash wrote. “To help offset the extra expense of paper, publishers will eliminate jobs. Make no mistake: These tariffs will cause layoffs across American newspapers, including this one.”

Source: Huffington Post April 19, 2018 01:30 UTC