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Weatherhead’s Jonathan Ernest warns about effects of President Trump’s 10% tariff on Chinese imports

What the tariffs on Chinese goods means for us
WEWSJonathan Ernest, assistant professor of economics at Weatherhead School of Management, said that President Trump’s 10% tariff on Chinese imports is increasing costs for consumers, particularly for low-cost goods from Chinese sites. Small businesses may be most affected, as they lack the ability to relocate production, facing higher costs and potential challenges in competing.