LANSING — Gov. Gretchen Whitmer spoke Tuesday about the impact of federal policies on Michigan’s economy, saying the state is more exposed to potential hardship than others.
The governor highlighted the impact of tariffs on Michigan, saying that the state is heavily impacted by charges on auto parts and agricultural products.
“When the US catches a cold, Michigan gets the flu — and right now, there are undeniable signs of an ailing economy,” Whitmer said. “Stubborn inflation, stagnating wage growth, plummeting credit scores and debt piling up,”
Whitmer also says that the unpredictability of rapidly changing tariff policy is causing businesses to pull back from their US investments.
Multiple projects in southern parts of the state have scrapped investment plans at least in part due to c