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…
Yeah the article says they just laid off the 50 employees, put the factory in mothballs, and then got real sad. No one is liquidating their company’s assets let alone coming for their personal fortunes. It almost sounds like they wanted an excuse to retire and sell the assets at their leisure, and this gave them that opportunity…