(Sioux Falls, SD) — A couple South Dakota economics professors are weighing in on the news of a temporary trade war truce between the U.S. and China. The move will see tariffs slashed for 90 days that were previously up over a hundred percent from both sides. Dakota State University economics professor Dan Talley says he expects a lot of manufacturing and early shipping in the meantime. But Talley fears any number of tariffs are causing struggles for many small businesses. South Dakota State University economics professor Evert Van der Sluis says the sweeping tariffs were not the right idea to begin with, noting a production subsidy would’ve been a more successful alternative because it wouldn’t make American goods less appealing. According to President Trump, tariffs on China won’t go back up as high as they were regardless of how talks with the country continue to go.
SD Economics Professor Talks Temporary Tariff Cuts
