News / Article

Edwards says tariffs slowing Louisiana’s economic growth

Source: neworleanscitybusiness.com - Dec 21, 2018

Even as he touted Louisiana’s economic picture, Gov. John Bel Edwards said Thursday that President Donald Trump’s tariffs are causing “pain” for agricultural and petrochemical industries and stifling the state’s growth.

The Democratic governor typically refrains from criticizing the Republican president. But he blamed the tariffs Trump has imposed on certain imports from other countries for federal numbers that showed Louisiana’s personal income growth slowed to 2.3 percent in the latest quarter, lagging the national 4 percent rate and among the lowest rates in the country.

CLICK SOURCE TO READ ARTICLE

Category: General Business