As the president tries to save an auto plant in Ohio, his tariffs have cost automakers billions.
President Donald Trump heads to Ohio Wednesday embroiled in a fight with General Motors and the United Auto Workers over the closing of GM’s Lordstown plant. But his attempts to save manufacturing jobs have battered the auto industry and could erode his loyal base in the Midwest.
Trump’s tariffs on steel and aluminum have cost Ford and GM about $1 billion each. GM Chief Executive Officer Mary Barra cited the tariffs in November when she announced the 14,000 job cuts that included the Lordstown plant’s shuttering. Potentially making things even worse, Trump is now weighing new tariffs on foreign automobiles that could threaten hundreds of thousands of additional U.S. jobs.
“The reality is auto tariffs would put Ohio into a recession,” said Dan Ujczo, a Columbus-based international trade lawyer who has been closely studying the impact of recent trade actions on Ohio companies.
View the complete March 19 article by Timothy Noah and Adam Behsudi on the Politico website here.