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Tariffs Blamed for Bankruptcy of Steel Plant
Tariffs Blamed for Bankruptcy of Steel Plant
October 1, 2019 at 2:56 pm EDT By Taegan Goddard 29 Comments
https://politicalwire.com/2019/10/01/tariffs-blamed-for-bankruptcy-of-steel-plant/
"SNIP......
Louisiana Governor John Bel Edwards (D) blamed tariffs for the bankruptcy of Bayou Steel in his state, Bloomberg reports.
Said Edwards: “Louisiana is among the most dependent states on tariffed metals, which is why we continue to be hopeful for a speedy resolution to the uncertainty of the future of tariffs.”
Related from CNBC: “A gauge of U.S. manufacturing showed the lowest reading in more than 10 years in September as exports dived amid the escalated trade war.”
......SNIP"
