A Lorain, Ohio, businessman sees the long-term gains for the short-term Wall Street pain inflicted by global retaliation to President Donald Trump’s tariffs aimed at reforming global trade.
In fact, Skylift CFO Nick Jarmoszuk Jr. equates it to ripping out the cancer of trade imbalances that have cost American jobs.
“It’s like chemotherapy: It’s a strong drug, but it’s going to make you healthy in the end,” he told the Financial Times in a profile on the decades of economic havoc levied on his town.
Read more at Newsmax© 2025 Newsmax. All rights reserved.