Marketplace All-in-One How to dodge tariffs on Chinese goods
Feb 20, 2026
Wesley Rule, co-owner of Knoxville Fine Violins, talks small-business import headaches. April Hemmes, Iowa corn and soybean farmer, describes agricultural planning under trade uncertainty. Martha Gimbel, Yale Budget Lab director, explains fiscal and economic effects of tariffs. They cover the Supreme Court ruling, transshipping workarounds, market and price uncertainty, and what businesses face next.
AI Snips
Chapters
Transcript
Episode notes
Court Ruling Didn’t End Tariff Uncertainty
- The Supreme Court struck down many IEPA-based tariffs but many other tariffs remain or may be reimposed under different authorities.
- That keeps tariff-related uncertainty and price pressure in the economy despite the ruling.
Policy Volatility Raises Economic Risk
- Tariff levels jumped around during the day as legal and executive responses unfolded, showing policy volatility.
- That volatility feeds uncertainty that can slow investment and raise costs across the economy.
Tariffs Hurt Growth And Raise Costs
- Sustained tariffs raise household costs and slow growth, with an estimated hit of about $1,600 per household.
- They also raise government revenue but can slightly increase unemployment and depress growth.