Bug Or Feature? Trump Tariffs Lead To Layoffs At Tampa Bay Times
Credit: tampabay.com
April 19, 2018

We all know Trump's tariffs will cost us jobs. This specific tariff, on newsprint, kind of makes me wonder if Trump did it to undercut news coverage. We all know how he feels about the liberal media. Via The Hill:

The Tampa Bay Times announced that it would cut about 50 jobs after new tariffs imposed by the Trump administration dramatically increased the cost of newsprint.

A spokeswoman for the Times confirmed the layoffs to the Tampa Bay Business Journal, saying they are directly in response to the tariffs imposed on newsprint imported from Canada.

[...] Times Chairman and CEO Paul Tash had already said the tariffs could cause layoffs by adding about $3 million in newsprint costs.

Like most newspapers, the Times operates on the thinnest of margins, and this adds $3.5 million to their annual budget. That's hard for any organization to swallow.

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