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Dairy Economist Models The Pros & Cons Of Tariffs
Manage episode 464024908 series 2908402
The Trump administration plans on using tariffs – or higher taxes on foreign goods – as a negotiation tool to benefit U.S. consumers. Hiccups could come into play if our trading partners retaliate with their own tariffs. What would that mean for agriculture? Chuck Nicholson is an associate professor in ag economics and dairy science at UW-Madison. He’s created some models to predict what the exact cost would be for a Wisconsin dairy farm if our top trading partners retaliated. He reminds us, that this is not a prediction of the future, just a model to help decision-makers.
See omnystudio.com/listener for privacy information.
3948 एपिसोडस
Manage episode 464024908 series 2908402
The Trump administration plans on using tariffs – or higher taxes on foreign goods – as a negotiation tool to benefit U.S. consumers. Hiccups could come into play if our trading partners retaliate with their own tariffs. What would that mean for agriculture? Chuck Nicholson is an associate professor in ag economics and dairy science at UW-Madison. He’s created some models to predict what the exact cost would be for a Wisconsin dairy farm if our top trading partners retaliated. He reminds us, that this is not a prediction of the future, just a model to help decision-makers.
See omnystudio.com/listener for privacy information.
3948 एपिसोडस
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