Nabisco, owned by Mondelez International, is the maker of Oreos, America’s alleged favourite cookie.
It was announced that Nabisco is laying off American workers and investing in its Mexican operations.
Are high American sugar tariff’s to blame as this article suggests?
Would removal of the sugar tariff have saved those jobs?
Are other factors at play?
Mexico is to put it kindly a much less regulated environment.
The Chicago workforce was unionized as well, that had to factor into the decision.
I suggest the sugar tariff is likely the result of crony capitalism but are tariffs always a bad thing?