Understanding impact of tariffs

INDIANAPOLIS (WISH) – It’s been nearly a week since the United States decided to increase tariffs on Chinese imports.

The taxes were bumped up 25 percent on $200 billion worth of goods. China then retaliated this week and announced tariffs of up to 25 percent on $60 billion worth of goods.

At last check, trade talks between the United States and China are at a standstill.

Todd Roberson, a senior lecturer at IU Kelley School of Business stopped by Daybreak Friday.

He discussed the tariffs, how he sees the trade standoff between the countries playing out and whether tariffs are good or bad for an economy.

To watch this entire interview, click on the video.


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