On the recordJuly 16, 2018
If it results in higher tariffs, then I think--you know, I hardly need to tell you what higher tariffs would do for agricultural producers.
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congress.govIf it results in higher tariffs, then I think--you know, I hardly need to tell you what higher tariffs would do for agricultural producers.
Powell discusses the negative effects of higher tariffs on agriculture.
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If we move too slowly, there may be unnecessary losses, painful losses in the employment market.
Part of that is due to the start-stop nature of the tariffs that have been introduced.