To understand the impact of Trump's tariffs, look to Ohio - News Summed Up

To understand the impact of Trump's tariffs, look to Ohio


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



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