As a potential trade war looms over recently-imposed tariffs on China, Indiana businesses are expressing concern about the fallout. It is estimated that global trade supports more than 800,000 jobs in Indiana, many of those in the manufacturing and agriculture sectors.
This story by Gerry Dick originally appeared on Inside Indiana Business.
In 2016, Columbus, Ind.-based Cummins sold more than 500,000 engines in China. Chief Executive Officer Tom Linebarger said the company’s global footprint generates jobs and investment in Indiana.
“Not only do we have our largest R&D facility here, more than 5,000 people in the U.S., their jobs depend on our global manufacturing footprint,” said Linebarger. “So, if it weren’t for our business in China, we’re 5,000 jobs shorter in the U.S.”
Linebarger said trade uncertainty is a headwind for U.S. manufacturers at a time when the sector is “as well-positioned as we’ve ever been.” He admits there are trade issues that need to be dealt with, but not at the expense of open markets.
