A new state-commissioned report has linked recent federal tariffs and retaliatory trade measures to rising consumer prices and declining agricultural exports in Michigan.
The review, ordered by Governor Gretchen Whitmer, found that tariffs are contributing to a nearly 4% increase in food prices this year, costing households hundreds of dollars annually and putting pressure on lower-income families. The report also warned that higher material and production costs could slow construction and manufacturing activity across the state.
In the agricultural sector, the report showed sharp declines in exports since the tariffs were introduced. Wheat exports fell by 89%, fresh cherry exports by 62%, and fresh apple exports by 58%. Soybean exports were down by 46%.
"Michigan families and businesses are all facing rising prices and constant uncertainty because of our chaotic national tariff strategy," Whitmer said in a statement.
The report estimates that households in the bottom 10–20% income bracket could see up to a 5% drop in disposable income due to higher food and housing costs. It also cautioned that increased project costs could delay public investments, slowing job creation and economic growth across the state.
The findings reflect broader national concerns about the economic impact of ongoing tariff measures and their effect on both consumers and producers.
Source: MI DEMS
