Trump’s trade war told through the story of a leather belt

01/10/2018

Here’s a fascinating in-depth look from Bloomberg at how one supply chain is set to be affected by the accelerating tit-for-tat tariff war between the US and China. The manufacturing of leather belts is no one-way street: leather hides are a by-product of the US’s enormous beef industry, and China buys around half of all US production; where it is processed and some of which it then makes into belts and sells back US consumers. Every step of this supply ...