Mike Hicks | Tariffs and Trade: An Economist's View

Freightvine

This week’s guest is Professor Michael Hicks, George & Frances Ball Distinguished Professor of Economics at Ball State University. Mike brings an economist’s perspective on the recent introduction of tariffs as well their sudden modification or removal in many cases. Being located in Indiana, Mike is keen on the impact that different policies have on manufacturing and agricultural firms and communities. In our conversation we discuss the idea and objectives of tariffs in general as well as the specific impacts that the most recent tariffs have caused. Mike notes that the effects will not be evenly distributed and that, in fact, Red States which have more manufacturing will be negatively impacted more than the Blue State areas which feature more knowledge workers in the services.