Tariffs and Trade Wars. What do they mean for Lincoln?
Wondering how federal trade policy, tariffs and trade wars affect Lincoln? Or just wondering what tariffs and trade wars are? Find out at the next Leadership Lincoln Hot Topics.
Federal trade policies now impose tariffs on many nations and products; and some nations have imposed tariffs on U.S.-made goods – including farm commodities. Are we in a trade war? How does this affect Lincoln’s economy? How does a tariff work?
In 2016 (latest available figures), the U.S. Trade Representative’s Office reported Nebraska is the fifth largest exporter of agricultural products in the U.S. Some 63,000 jobs in the United States are dependent on export trade of Nebraska products, and $7.2 billion worth of goods were exported from Nebraska. More than 1,800 companies exported goods from Nebraska. The impact on Lincoln was $797 million. Our leading trade partners are Canada, Mexico, Japan, China, and South Korea.
Tariffs and trade wars will change these metrics. How will our local economy respond? How can we respond?
- Bruce Bohrer, executive vice president, Lincoln Chamber of Commerce
- Don Hutchens, retired executive director of the Nebraska Corn Board
- Jerry Petr, emeritus professor of economics, University of Nebraska-Lincoln
- Diane Temme Stinton, chief administrative officer for local manufacturing company TMCO, which employs nearly 200 people.
- Jill O’Donnell, inaugural director Clayton Yeutter Institute of International Trade and Finance at the University of Nebraska-Lincoln
11:30am Lunch and Gathering
There is no fee for Admission
$10.00 for Leadership Lincoln to provide your lunch
Union Bank and Trust Company
The bank is on the northwest corner of 48th and Calvert Sts. (next to a Kwik Shop).
Parking available on the west side of the bank or across Calvert St. to the south.
We will meet in the lower level conference room.