Tennessee Governor Bill Haslam Concerned About President Trump’s Tariffs
Tennessee Governor Bill Haslam is joining several other Tennessee officials voicing concerns over President Donald Trump’s tariffs on steel and aluminum imports.
The Republican governor told reporters Tuesday he’s concerned about additional costs to manufacturers, particularly the state’s car industry.
He said that a trade war would not be good for Tennessee, which is a manufacturing state.
Swedish appliance maker Electrolux has put on hold a $250 million Tennessee plant expansion, citing the tariff announcement.
Other companies are showing similar caution.
Haslam said he thinks that these companies are waiting to see what happens and what the ramifications are on their cost structure.
Republican U.S. Sens. Bob Corker and Lamar Alexander have opposed the tariffs.
Democrat Phil Bredesen and Republican Marsha Blackburn, have also expressed concerns.
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