New York (CNN Business) Ohio is the type of state that steel tariffs are supposed to help, with a smattering of mills that have struggled for decades against brutal competition from China. It's also a state that could be disproportionately hurt by tariffs because a number of Ohio's manufacturers use imported steel. With those two opposing forces, the tariffs appear to have been an economic wash for Ohio, according to a new analysis. published a Ohio State University professor Ned Hillpublished a comprehensive report this week on how tariffs have played out in the Buckeye State. The takeaway: Most of the new investments that steel producers have made since the tariffs went into effect probably would have happened anyway, because of the strong economy.
Source: CNN March 07, 2019 19:40 UTC