How Kentucky-made products could be impacted by potential tariffs
Although the tariffs intended for Mexico and Canada have been suspended for at least a month, Kentucky could still see potential impacts.
Legislature limiting governor pardoning power moves forward in Frankfort
Petition emerges to remove all London City Council members following hostile meeting
Lawmaker wants to prevent 'sanctuary cities' in Kentucky
We previously reported how Bourbon could be impacted by these tariffs, but that's not the only thing we produce in Kentucky that could be affected.
'The auto industry is a big exporter,' said KYPolicy executive director Jason Bailey. 'We export peanut butter; we export post-it notes. You know, there are just certain things that Kentucky produces that are bought all over the world.'
But what exactly are tariffs?
Tahsin Huq, assistant professor of finance at EKU
'A tariff is essentially a tax imposed on imported goods and services,' assistant professor of finance at Eastern Kentucky University, Tahsin Huq, said. 'So if you're importing, let's say, car chips, to us, essentially you're giving a tariff or you're giving customs duties that are essentially taxes on that import product or service.'
Lexington ranked 10th worst large city for football fans: WalletHub
Kentucky receives failing grades in tobacco control report
Kentucky ranks as 2025's worst state to retire in: WalletHub
When companies import goods, they pay the tariffs to the U.S. government.
However, experts warn those costs eventually get passed on to American consumers through higher prices.
'We are expecting that initially might go very high or relatively and doesn't necessarily mean it will always stay that high because there are other factors in the economy that can also bring the factors down,' added Huq.
One of those factors would include bringing back manufacturing into the U.S. economy.
'Because in the long term, if you're able to bring back manufacturing, then you are creating the product within you, right? So now there's going to be more competition within the domestic firms themselves,' Huq said. 'And that itself can also create a healthier competition within the US economy, and that can bring our prices down as well.'
Latest central Kentucky weather forecast
Bailey said the Commonwealth is among one of the most vulnerable states because of the amount of manufacturing we do.
Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Hill
an hour ago
- The Hill
Luna says lawmakers have evidence of ‘interdimensional beings'
Rep. Anna Paulina Luna (R-Fla.) said during a Wednesday podcast episode with Joe Rogan that lawmakers have seen evidence of 'interdimensional beings.' 'I think that they can actually operate through the time spaces that we currently have,' Luna said during the podcast. 'And that's not something that I came up with on my own. That's based on stuff that we've seen. That's based on information that we've been told,' she added. In February, Luna and Rep. James Comer (R-Ky.) sent letters to Secretary of State Marco Rubio, Secretary of Defense Pete Hegseth and CIA Director John Ratcliffe requesting a briefing on all unidentified anomalous phenomena or UAP-related records in their possession, with the ultimate goal of 'deliver[ing] transparency to the American people.' She says through investigations, she's discovered otherworldly information. 'Based on testimony that would be based on witnesses that have come forward. But what I can tell you is just we're told that they were that, they've seen things,' Luna told Rogan. 'And what I can tell you without getting into classified conversations is that there have been incidences that I believe were very credible people have reported that there have been movement outside of time and space,' she continued. Luna said she's never seen a portal or a spaceship but was searching for documentation that could lead to more evidence of life beyond humans.
an hour ago
As Trump-Putin summit nears, family of American held in Russia hopes for another prisoner exchange
As President Donald Trump prepares to travel to Alaska on Friday to address the future of Ukraine with Russian President Vladimir Putin, the family of the Texas man serving the longest prison sentence of any American currently being detained in Russia is hopeful that another prisoner exchange between the two nations will be on the agenda. "We hope for better relations between the U.S. and Russia that will hopefully lead to the release of my brother," Margaret Aaron, one of David Barnes' two sisters, told ABC News anchor Gio Benitez in an interview Wednesday. Barnes, who grew up in Alabama, has been detained in Moscow since January 2022 and is currently serving a 21.5-year sentence. "He's hanging in there," Aaron said. "He has been extremely strong through the last three and a half years. We're extremely proud of him and he has continued to be hopeful that something will happen." Unlike other Americans who have been held in Russia, Barnes is accused by Russian prosecutors of crimes in the United States, not Russia. Yet American law enforcement had no involvement in Barnes' prosecution in Moscow. Barnes was convicted by a Russian judge of abusing his two sons years earlier in Texas, but prosecutors in Montgomery County, Texas, told ABC News that law enforcement in the Lone Star State investigated the claims after they were reported by Barnes' Russian ex-wife and did not find evidence to support them. "I do know that everyone that heard and investigated the child sexual abuse allegations raised by Mrs. Barnes during the child custody proceedings did not find them to be credible," Montgomery County District Attorney's Office Trial Bureau Chief Kelly Blackburn previously told ABC News. "He's been suffering," Aaron said Wednesday. "He's innocent." Barnes' ex-wife, Svetlana Koptyaeva, has maintained that Barnes abused their sons while the children were growing up in the Texas suburbs years ago. Koptyaeva was charged with felony interference with child custody after allegedly taking the children from Texas to Russia in 2019 while a child custody dispute between her and Barnes was playing out. In 2020, a Texas family court designated Barnes as the primary guardian of his sons, but since since Koptyaeva had taken them out of the country, Barnes' family says he decided to travel to Russia after COVID-19 restrictions were lifted to try to fight for similar custody or visitation rights in Moscow's court system. Barnes was arrested weeks after arriving in Russia and has been behind bars ever since. In April, a judge in Moscow denied Barnes' appeal of his conviction. "We really, really need to have him designated as wrongfully detained," Aaron said. "Hopefully, to start that process, we need the help of Trump and Secretary [Marco] Rubio." The upcoming meeting between Trump and Putin on American soil comes four months after Russian officials released ballerina Ksenia Karelina to the U.S. through a prisoner exchange. Following Karelina's return to the U.S., she wrote a letter to Trump calling for the release of Barnes along with fellow Americans Robert Gilman and Andre Khachatoorian. Trump posted the letter on social media. "David Barnes, a Texas father of two sons, has been detained in Russia for far too long under charges already proven to be false, and it is past time for him to be released," U.S. Senator John Cornyn of Texas said in a statement at the time. "I urge President Trump and Secretary Rubio to prioritize efforts to bring David and all wrongfully-detained Americans throughout the world home." Other Americans who were previously held in Russia, like Paul Whelan, Trevor Reed and Brittney Griner, were transferred to penal colonies far from Moscow following their convictions -- but Barnes has been held in Russia's capital since he was taken into custody. "We have visited Mr. Barnes eight times since his arrest in January 2022," a U.S. State Department spokesperson told ABC News. "Our last visit to Mr. Barnes in detention was in May 2025." With all eyes on Anchorage ahead of this week's presidential summit, Barnes' family and friends in the U.S. will be paying close attention. "David's strength keeps us going," Aaron said.
Yahoo
an hour ago
- Yahoo
White House lands on Trump-Putin summit location as officials race to prepare for historic Alaska meeting
American officials scrambling this weekend to identify and lock down a venue for Friday's summit between President Donald Trump and his Russian counterpart quickly discovered a major snag: summertime is peak tourist season in Alaska, and options both available and equipped to host the two world leaders were severely limited. When word reached certain prominent Alaskans that Trump and Putin were coming, a few began reaching out to the president's allies with a proposition: could their home be an option? It's unclear if those offers ever reached White House officials, who were calling sites in Juneau, the state capital, along with Anchorage and Fairbanks. Organizers of the summit soon came to believe the only city in the massive state with viable options for the summit would be Anchorage. And only Joint Base Elmendorf-Richardson, on the northern edge of the city, would meet the security requirements for the historic meeting, though the White House had hoped to avoid the optics of hosting the Russian leader and his entourage on a US military installation. That is where the two men will meet Friday, two White House officials said. The struggle underscored the rush now underway to nail down the details of Friday's meeting, the first time the top US and Russian leaders have met in more than four years. The summit is still largely a work in progress as US and Russian officials make haste to prepare for the high-profile encounter. The two countries' top diplomats — Secretary of State Marco Rubio and Foreign Minister Sergey Lavrov — spoke Tuesday to discuss 'certain aspects of preparation,' according to Russia's foreign ministry. Usually, a high-stakes summit with a US adversary would be preceded by extensive negotiations over the agenda and outcomes. But Trump himself has said he is approaching the meeting as a 'feel-out' session, with few advance expectations for how it will proceed. The White House on Tuesday termed it a 'listening session.' 'The president feels like, 'look, I've got to look at this guy across the table. I need to see him face to face. I need to hear him one-on-one. I need to make an assessment by looking at him,'' Rubio said in a morning radio interview Tuesday with Sid Rosenberg, offering one explanation for why Trump's five known phone calls with Putin this year wouldn't suffice in determining the Russian leader's intentions. Landing on Alaska Trump's administration and the Kremlin landed on Alaska as the site for the summit after a lengthy behind-the-scenes back-and-forth, according to people familiar with the matter. There were few places that would work for the sit-down, the people said, particularly given a war crimes warrant issued for Putin's arrest by the International Criminal Court in 2023. With that fact looming, Russia balked at a European destination — even in a city like Vienna or Geneva, where US and Russian leaders have met dating back to the Cold War. While Putin himself raised the United Arab Emirates as an 'entirely suitable' location, many inside the White House hoped to avoid another lengthy trek to the Middle East after Trump's visit in May. In the end, sources said, it came down to Hungary — whose Prime Minister Viktor Orbán is close to both Trump and Putin — and the United States as possible hosts, according to two US officials. American officials were pleased and somewhat surprised when the Russian president agreed to a meeting on US soil — on land that once was part of the Russian empire, no less. 'I thought it was very respectful that the president of Russia is coming to our country as opposed to us going to his country or even a third-party place,' Trump said this week, as his team was rushing to finalize details of the summit. Others were not so taken. 'The only better place for Putin than Alaska would be if the summit were being held in Moscow,' said Trump's former national security adviser John Bolton, who fell out with Trump during his first term. 'So, the initial setup, I think, is a great victory for Putin.' Previous Putin meetings The last time an American president met with Putin — President Joe Biden's 2021 summit in Geneva — the date and venue were announced three weeks ahead of time. But the planning between Russian and American officials started months before that. Biden, on a week-long swing through Europe, spent the days leading up to the sit-down in intensive preparation with top advisers, blocking out time in the mornings to parse potential directions the conversation could take and anticipate some of Putin's moves. He consulted other leaders, including the German chancellor, for pointers on how to approach the notoriously wily Russian leader. By the time the summit arrived, aides had planned the day down to the most minute detail, including what order the leaders would arrive, how long each session would last and what type of flower would sit on the table (it was white roses). American officials even ensured there were bottles of orange Gatorade — labeled 'POTUS' — inside a refrigerator at the 18th-century villa where the meeting took place. During Trump's first term, he and Putin sat one-on-one in Helsinki, Finland, during a summit in 2018 that ended with a remarkable moment when Trump sided with Putin over US intelligence agencies on the question of Russian election interference. Trump also met Putin alone in 2017, during their first encounter at the G20 summit in Hamburg. Mystery over meeting's origins While American and Russian officials have been in extensive conversations to prepare for the sit-down since it was agreed to last week, the encounter that prompted the event remains something of a mystery. Trump's foreign envoy Steve Witkoff visited Moscow last Wednesday for a meeting with Putin that resulted in the decision to meet, though what exactly Putin said in the meeting is still largely unknown. European officials spent much of the last week trying to ascertain the parameters of a peace deal that Putin offered up, but some said they were frustrated by the lack of clarity offered by Witkoff, a real estate developer and longtime friend of Trump's. Trump plans to hear from European leaders and Ukraine in a virtual meeting on Wednesday, arranged by the Germans so the president can get their perspective ahead of the Friday meeting. And he has promised to get on the phone with them, along with Ukrainian President Volodymyr Zelensky, immediately after the summit concludes. But Zelensky isn't expected to be in Alaska for the summit, so any potential trilateral meeting is off the table for now. Instead, Trump will spend at least part of the summit meeting with Putin one-on-one, the White House said Tuesday, allowing time for the two men to carry out a discussion unheard by anyone else aside from their translators. 'That's part of the plan,' White House press secretary Karoline Leavitt said when asked whether the two presidents would meet as a pair. 'As for the other mechanics and logistics, I will let our team speak to that when they're ironed out.' It's not atypical for leaders to meet alone with their counterparts, but Trump and Putin's relationship has been the subject of intense scrutiny. And during Trump's first term, even senior officials said they sometimes were left in the dark about what was discussed when aides were left out. In Trump's previous two meetings with Putin, both encounters included translators, but not high-ranking aides. After the Germany meeting, Trump reportedly asked his translator for his notes. For his part, Putin has spent the days ahead of Friday's meeting placing phone calls to his remaining global allies — including some who have staged their own high-profile summits with Trump. That included North Korean dictator Kim Jong Un, the Kremlin said Tuesday, who met three times with Trump during his first term, but still hasn't abandoned his nuclear weapons. This article has been updated with additional information
