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Resource ID: #18457
Subject: Money And Politics
Source: Time
Affiliation: 
Date: 7-Feb

Description

A Time special report investigates how campaign finance contributions have changed laws, regulations and policies. The main story in the report focuses on the trade war that the American government launched against Europe on behalf of the banana baron Carl Lindner, a major contributor both to Republicans and Democrats. Lindner's company, fruit-and-vegetable giant Chiquita, was restricted to export its low-cost bananas to the European market, Time reports. In response, the U.S. government imposed higher tariffs on European goods. The trade war did not affect consumers of luxurious goods from overseas, the story reveals. Instead, it only hurt American small businesses that imported their supplies from European countries.

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