00;00;00;02 - 00;00;09;11
Thomas Ouellette
Michael Hicks leads the center for Business and Economic Research at Ball State. He says the biggest concern for Indiana this year is the inconsistent tariffs proposed by Donald Trump.

00;00;09;17 - 00;00;23;16
Michael Hicks
He said he may raise tariffs 10%, maybe 20%, maybe 60% on China. He may phase them in 2 to 5% a month for 5 or 6 months. So those comments provide really high uncertainty about what intentions, what his intentions are.

00;00;23;17 - 00;00;44;23
Thomas Ouellette
Multiple high end items, like components for RV's and cars, are manufactured in the state and often rely on imported parts. Hicks says no matter how big or small the potential tariff may be, it'll almost always be met by retaliatory tariffs and the state's high exports of soybeans, corn and pork could also be targeted. In Muncie, Thomas Ouellette IPR news.