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

John Couture in Martell Greenhouse at the Wright Center.

John Couture named University Faculty Scholar for multifaceted research in plant and insect ecology

John Couture has been chosen as a 2024 University Faculty Scholar for his exceptional research...

Bob Auber presents from a screen titled "A Day in the Life." In the foreground, there are two graduate students watching.

‘Plants to people:’ Bob Auber’s path from the Center for Plant Biology to oncology

On Friday March 22, Bob Auber returned to Room 116 in Whistler Hall to stand behind a podium in...

New Indiana Organic Network to engage farmers in statewide soil health census

A Purdue University interdisciplinary team is establishing a network of organic farmers to...

Bob and Karen Thompson walking side-by-side while smiling at each other and holding hands

Funding endowed chair in agricultural economics reflects couple’s global vision brought home: “Purdue is special in our lives”

Bob and Karen Thompson have operated as a team, both throughout their 55-year marriage and in...

Melanie Hasler on Purdue University campus with Boilermaker special train in background

The COVID-19 Class: One senior's pursuit for a well-rounded education

The “COVID-19 Class” is a mini-series documenting the experiences of three members of...

Hardin award celebrates Jacob Ricker-Gilbert's success within global agriculture and food systems

Throughout his career, Jacob Ricker-Gilbert, professor and interim associate head of Purdue...