Several months into the Trump administration’s aggressive rollout of tariffs on imported products, the results are piling up across the American business landscape. And…
Several months into the Trump administration’s aggressive rollout of tariffs on imported products, the results are piling up across the American business landscape. And not all of them are negative.
In Hillsboro, Ore., a solar plant got a second chance at life after tariffs on imported solar panels went into effect in January.
In Clyde, Ohio, Whirlpool says it’s adding 200 jobs because of tariffs on imported washing machines that started in January.
And then there’s Clarksville, Tenn.
«If you have ever heard of the Monkees song, that’s us — ‘Last Train to Clarksville,’ » says Mayor Kim McMillan.
Clarksville was in line to get a washing machine factory from LG, a Korean company. McMillan says she worried the tariffs on washing machines would pummel LG, and ruin plans for the factory.
But instead, LG is speeding up construction.
«They have been working as hard and fast as they can to get this plant online,» McMillan says.
She says LG may be able to open the factory a year ahead of schedule, and bring 600 jobs with it.
More dramatic changes could be coming, with the start of new tariffs on $34 billion worth of Chinese products that took effect Friday, along with China’s retaliatory tariffs on U. S. products. And the Trump administration is threatening further tariffs in the months ahead, on imported automobiles and auto parts.
But already the tariffs are being felt across America, and it hasn’t been good for all communities.
