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Business & EconomyNortheast Ohio breweries are already feeling impacts from tariffs on Canadian aluminum and steel and potential tariffs on barley.
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Business & EconomyOf the businesses that said tariffs would impact their companies, 75% expected to boost prices. The survey covered businesses in Ohio plus parts of three other states.
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Business & EconomyThe Trump administration’s 25% tariff on imported cars took effect April 3, and an additional tariff on imported auto parts is set to take effect May 3.
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Business & EconomyAuto technician Eric Easley anticipates 15% to 30% tariffs on foreign-made auto parts. Customers can expect to see that increase reflected in their bills.
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Business & EconomyWorthington Steel held an earnings call with investors on Thursday where company President/CEO Geoff Gilmore expressed cautious optimism in the market. Gilmore said uncertainty and change are leading to a sense of unease in some supply chains.
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Retaliatory tariffs on U.S. agricultural products have some Ohio soybean farmers concerned.
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Business & EconomyPresident Donald Trump's tariff threats against Canada include potential taxes on Canadian imports of steel. The Worthington Samuel Coil Processing plant in Cleveland was operated with Canadian metals distributor Samuel, Son & Company.
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Business & EconomyThe last time tariffs were levied, the federal government had to provide aid to farmers in Ohio and other states.
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Business & EconomyAn Ohio-founded solar company advocated hard for the duties. Now, the global market is changing.
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Business & EconomyFirst Solar employs thousands in Ohio. New tariffs on solar panels from Southeast Asia will benefit American manufacturers like them.