For years, Mackeys Ferry Sawmill in North Carolina depended on overseas buyers in China and Vietnam after domestic demand for premium hardwood declined. But when President Donald Trump launched his escalating trade war, the mill’s owners say the damage was immediate and ultimately irreversible. By July—just months after Trump declared his “Liberation Day” tariffs—they made the decision to shut the operation down entirely.

In a recent episode of the Big Take podcast, Bloomberg economics correspondent Shawn Donnan traveled to the “Old North State” to trace how one of America’s oldest trades was shaken by Trump’s tariff battles, and to hear how the mill’s owners now feel about the president they once supported at the ballot box.

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    4 hours ago

    And the reason the domestic demand for premium hardwoogmd dried up is no one can afford it anymore. All anyone can buy is compressed sawdust bullshit that falls apart if you think too much about moving it