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Montana faces outsized risks from tariffs, economist says

by JACK UNDERHILL
Daily Inter Lake | August 1, 2025 12:00 AM

Montana is expected to be acutely affected by tariff uncertainty into 2026 with an economic slowdown likely on the horizon, a top state economist reported Thursday. 

“Probably the biggest issue with the tariffs right now is this volatility,” Dr. Jeffery Michael, director of the Bureau of Business and Economic Research at the University of Montana, said at the 2025 Midyear Economic Update at the Hilton Garden Inn in Kalispell. 

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