WKRG: Local leaders say Trump tariffs threaten Mobile economy

President Donald Trump says his new tariffs on adversaries and allies alike will protect American jobs. But the U.S. Chamber of Commerce, most economists, and those with a finger on the pulse of Mobile’s economy say the impact will be just the opposite.

“Right now it scares me to death,” says Jimmy Lyons, Director of the Alabama State Port Authority.

Mobile set a record for exports last year with more than 22 billion dollars worth of products leaving the port. About 17-percent of those exports, however, now face retaliatory tariffs from China, Mexico, and Canada.

 

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