Bloomberg Talks Governor of State of Virginia Glenn Allen Youngkin Talks Tariffs
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Apr 15, 2025 
Virginia Governor Glenn Allen Youngkin discusses the impact of tariffs on his state’s economy and industries. He addresses the challenges and complexities of current trade negotiations while highlighting optimism for infrastructure investment. Youngkin emphasizes the importance of job reskilling initiatives in Virginia, where low unemployment signifies successful transitions from public to private sectors. He also advocates for better policies to enhance economic mobility and reflects on his leadership as he approaches the end of his term.
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Trump's Economic Plan
- President Trump's economic plan involves using tariffs to reset trade deals and revitalize manufacturing.
- He aims to restore fiscal responsibility, achieve energy dominance, and encourage business through deregulation.
Virginia's Economic Success
- Virginia's economy has thrived with record investments, job growth, and budget surpluses.
- Businesses are drawn to Virginia, creating long-term opportunities amidst temporary trade disruptions.
Workforce Development
- Prepare the workforce through training and education to adapt to changing job markets.
- Virginia's workforce training programs and high labor participation rate demonstrate this approach.