Public Radio for the Piedmont and High Country
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

After oral arguments, NC economist says Supreme Court likely to reject several tariffs

A sign advertises no tariff surcharges on existing stock at the High Point Market
Paul Garber
/
WFDD
A sign at the Fall 2025 High Point Market advertises that there are no tariff surcharges on existing stock. Manufacturing is one of the state's economic sectors that could feel an impact from the tariffs that are now under review by the U.S. Supreme Court.

The U.S. Supreme Court heard oral arguments on Wednesday over the Trump Administration’s right to impose sweeping tariffs.

The levies have an impact across a broad section of North Carolina’s economy.

The case involves February tariffs on imports from Canada, China and Mexico, affecting some state crops, including soybeans and tobacco.

North Carolina manufacturers are also watching the case closely after a new round in October significantly roiled industries like furniture.

Jeffrey Dorfman is a Hugh C. Kiger Distinguished Professor of Agricultural and Resource Economics at North Carolina State University. Based on what he heard from the justices during oral arguments, he believes they’ll throw many of the tariffs out.

He says one of the main issues for North Carolinians is whether consumers are feeling a burden from higher prices yet.

“I think we haven't had sort of the full onset of the impact yet, so it's mostly concern more than actual damage so far.”

The justices’ decision could take weeks or even months.

Support quality journalism, like the story above,
with your gift right now.

Donate