Del Monte Foods

Stephen Moore criticizes specific trade tariffs, particularly on imported tinplate steel used for metal cans, arguing they raise consumer prices for canned goods without spurring domestic production. He highlights that U.S. can manufacturers source 70% of tinplate steel abroad, now subject to a 50% tariff, which has increased costs for the canned food industry and consumers.

California farmers will destroy 420,000 peach trees due to the shutdown of Del Monte Foods' canneries, leaving growers without buyers. The closure affected multi-generational farms in the Central Valley. This move is a result of the loss of a major fruit processor.