Because the innovative and advanced technology that powers manufacturing in Ohio relies heavily on imported parts and components; the latest increase in tariffs on imported goods imposed this week by President Trump will likely make products produced here, more expensive.
But will they last, or are they just one more trick up Trump's sleeve aimed at making bigger, better, and more favorable trade deals that will eventually pay off for US businesses and consumers?
That's the multi-billion dollar question we're asking today, as the Stock market continues to fall, and trade tensions continue to rise worldwide. Listen now as we discuss it with Ethan Karp, who is the President & CEO of MAGNET, which is a nonprofit Manufacturing consulting firm headquartered in Cleveland.
Listen now.