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California Economic Forecast principal weighs in on delayed tariffs

Summary by KEYT
GOLETA, Calif.-The principal with the California Economic Forecast said tariffs proposed by President Trump have been delayed for 30 days at the request of Mexico's President. Even so, Dr. Mark Schniepp, who received his doctorate in economics at UCSB, is not forecasting doom and gloom. "They will not necessarily raise prices on all things coming from Mexico and Canada," said Schniepp," it really depends on the product and how competitive it is …

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KEYT broke the news in on Tuesday, February 4, 2025.
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