What effect will tariffs have on consumers, farmers?
Jonathan W. Coppess, associate professor in the Department of Agricultural and Consumer Economics, spoke with Illinois News Bureau business and law editor Phil Ciciora about the potential effects of tariffs.
What are tariffs likely to mean to the average U.S. household, and when will consumers start to notice the effects?
The average household will pay more for almost everything from groceries to cars, clothes to homes. Tariffs are simply a tax on imported items. The Trump administration has thus far implemented across-the-board tariffs on most goods
