Article • Dean Baker’s Beat the Press
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Many more of us are food consumers than farmers, yet somehow the prospect that a trade war with China will lead to lower prices for soybeans and other agricultural products is never reported as a positive development. Undoubtedly, the pain to farmers is much more important to them than the small benefit that many of us may see in the form of lower food prices, but reporters have felt it important to tell us about the small cost that many of us might see as a result of higher steel and aluminum prices as a result of Trump’s tariffs on these products.
This seems like a serious asymmetry in reporting on this topic.