Farmers’ market sticker shock: Federal tariffs fail to deliver benefits yet

Farmers’ market sticker shock: Federal tariffs fail to deliver benefits yet

Tariffs are driving up costs across local Bay Area agriculture, with uncertainty surrounding the time frame of their effectiveness.  The White House Fact Sheet states that the tariffs aim to reduce the trade deficit and bolster domestic production.  “Once you realize a tariff is a tax, then you can start talking about the pass-through of that tax to prices. So the thing to make perfectly clear is tariffs increase prices. The underlying question …