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Weatherhead's Jonathan Ernest discusses tariffs, margins and prices

Media | October 22, 2025 | Story by: Editorial Staff

Tariffs are reshaping costs and your margins

Smart Business: Jonathan Ernest, assistant professor of economics at Weatherhead School of Management, said tariffs are quietly driving up business costs, squeezing margins across supply chains. Producer prices are rising faster than consumer prices, he noted, signaling inflation ahead. Companies are cutting product sizes or discounts to cope, while high interest rates limit growth.