Tariffs will hit consumers with the lowest incomes hardest. Here’s why.
Higher grocery prices could lead to health consequences for lower-income shoppers, says an ASU agribusiness expert.
In this story published April 4, 2025, on Marketplace:
One of the real harmful things about tariffs is that the people who are less able to substitute away end up paying the bigger hit.
– Tim Richards, Marvin and June Morrison Endowed Chair of Agribusiness
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