Hosted by Tomas Hult, this segment of the globalEDGE Business Beat is an opinion segment on the show titled “Tariffs' bullwhip effect make its way to US farmers.”

Tomas Hult is Professor and Byington Endowed Chair in the Eli Broad College of Business at Michigan State University.

Dr. Hult also published this piece as a an op-ed article in The Hill with the same title, on July 27, 2018. The focus of the segment is the trade wars that we are now engaging in leave many global strategists puzzled.

Are policymakers accounting for and really understanding the efficiency dynamics in the global marketplace? What seems difficult to grasp, it appears, is the bullwhip effect that tariffs in one area of the economy have on the massive network of supply chains that U.S. companies are involved in worldwide in other areas.