China tariffs force layoffs at Moonlight Meadery, owner saysOwner says he had to lay off wife after deal fell apartWMUR Updated: 6:40 PM EDT Jul 20, 2018
Mike Cherry Anchor/Reporter
LONDONDERRY, N.H. —
As President Donald Trump threatens to expand a trade battle with China and impose tariffs on all $505 billion worth of imports into the U.S., one New Hampshire small business said it has already been forced into layoffs.
Moonlight Meadery of Londonderry has won acclaim and medals for its meads and ciders. But it hasn't avoided fallout from the $34 billion trade war between the United States and China.
The brewery had agreed to ship 100,000 bottles per year to China. After the business bought supplies and hired additional help, tariffs killed the deal. Owner Michael Fairbrother said the scuttled deal with China means half of Moonlight Meadery's barrels are sitting empty.
[...]
http://www.wmur.com/article/china-tariffs-force-layoffs-at-moonlight-meadery-owner-says/22502695