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30 07, 2019

Lordstown Family Feud

By |2019-08-01T17:55:22+00:00July 30th, 2019|Business, Manufacturing, Ned Hill, One-Handed Economist|Comments Off on Lordstown Family Feud

After releasing The Trade Skirmish of 2018, a policy report on the early evidence on the economic effects of the tariff actions by the U.S. and global retaliation (http://glenn.osu.edu/research/) in April, I was asked to referee a family feud.  What follows is an edited version of the question and an expanded version of my answer. Good morning Mr. Hill, I am trying to understand what factors led GM to close the plant in Lordstown, Ohio. My cousin and I argue about Donald Trump and his policies non-stop. My cousin says that Lordstown has nothing to do with steel tariffs [...]