dollar because of course if you criticize the fed as the u.s. president which you re not supposed to do then it undermines the confidence and the credibility of the fed and it basically has to assert itself now even if the president just intervenes verbal ie the dollar went down or the euro yesterday was still under a dollar sixteen and now it s over a dollar seventeen trump suggesting that higher interest rates in the united states hurt the competitiveness of visa be the chinese for example when the boston fans would thank you. now the u.s. . star industry is not the only sector being hit by president trump s trade policies would tell you it s our tariffs the you put on american products came into effect at the start of this month for jack daniels the united states biggest whiskey exporter may mean hiking prices in europe and bracing for the worst washington correspondent claire richardson went to lynchburg tennessee to get a taste of the problem. american whiskey in the firing line n
overall the bottom dollar of jack daniels getting their product to anywhere outside of tennessee or outside of the united states would be and that would raise their cost. and eventually could affect lynchburg. the biggest fear is what unhappy customers in europe would mean for jobs here in tennessee and the immediate probably will be. them having to pass that cost on to the consumer so. poor people in germany would have paid more for risky. sorry. for europeans of price bump and for jack daniels a painful hangover from donald trump tariffs. or u.s. companies are feeling the effects at home and abroad the american chamber of commerce in china is now voicing concern said that members operating in china