Purdue experts weigh in on tariffs and recently announced $12 billion emergency aid package

Story by Emma Ea Ambrose

July 27, 2018

On Tuesday (July 25) President Donald Trump announced a plan to offer farmers $12 billion in emergency aid to offset the effects of recent tariffs from Mexico, China, the European Union and other countries. These tariffs are generally viewed as retaliatory measures against the U.S. for increasing tariffs on certain imported goods.

Purdue University’s Agricultural Economics Department has multiple experts who have closely followed recent trade negotiations and escalating tensions from domestic and international perspectives.

“The administration has announced some short-term financial assistance for farmers adversely impacted by the tariffs. While these may be welcomed by farmers, they are not a remedy for the long-term damage that can be done to the American economy if the tariffs remain in place,” said Wallace Tyner, the James & Lois Ackerman Professor of agricultural economics.

These Purdue experts are available for media interviews regarding recent events related to trade, tariffs and trade negotiations:

* Russell Hillberry, professor of agricultural economics

Contact: rhillber@purdue.edu, 765-494-4249

Hillberry has been employed as an international economist by the U.S. International Trade Commission, where he was involved in research on U.S. trade agreements. He also previously worked for the World Bank. He can speak about the international institutions designed to mediate trade disputes.

* Farzad Taheripour, professor of agricultural economics

Contact: tfarzad@purdue.edu, 765-494-4612

Taheripour works closely with issues of trade, energy economics and resource management policy analysis. He recently published a study with colleague Wallace Tyner about the economic impact of Chinese tariffs on imported U.S. soybeans.

* Wallace Tyner, James & Lois Ackerman Professor of agricultural economics

Contact: wtyner@purdue.edu, 765-494-0199

Tyner recently published a study with colleague Farzad Taheripour about the economic impact of Chinese tariffs on imported U.S. soybeans. Tyner’s research focuses on issues of agricultural policy, energy economics and resource policy analysis.

Featured Stories

The sound of the world

It’s summer, but Bryan Pijanowski is as busy as ever. He’s working on several grant...

Trey Malone named as Boehlje Chair in Managerial Economics for Agribusiness

“A business newspaper published an interview with me a few years ago titled, ‘Ag...

Virtual Tour Brings Forest Management for the Birds to Life

How does forest management affect wildlife, specifically birds? Which birds prefer which types of...

Students on the Sweden study abroad trip stand in front of a church

FNR Field Reports: Lucas Cacula Offers Week 2 Update from Sweden Study Abroad Program

Throughout the 2024 Sustainable Natural Resources study abroad course in Sweden, FNR...

Fields of Discovery: From track to trough— leaping into research

This summer, Rieko Wilford is making big leaps researching methane emissions; on the track,...

Horticulture and Landscape Architecture department head honored by Conservation Technology Information Center

Linda Prokopy, department head and professor of Horticulture and Landscape Architecture at Purdue...