David Dismukes: The dangers of trade protectionism for Louisiana – 10/12 Industry Report

ACG consulting economist David Dismukes has written an opinion piece for 10/12 Industry Report on the effects of the Trump Administration’s trade policy on Louisiana industry.

The Trump administration’s current trade initiatives, imposing billions of dollars in new tariffs, have the ability to wreak havoc on several important Gulf Coast economic sectors, including energy and chemical production.

These two sectors are inextricably linked to the global economy and, collectively, account for as much as 14% of Louisiana’s manufacturing gross state product (GSP) and pay average wages that are more than three times the statewide average wage.

Continue reading at 1012industryreport.com.

By | 2018-10-12T10:15:59+00:00 October 12th, 2018|Energy, News|