GEORGIA () – Financial experts say the recent slew of tariffs will have a ripple effect on Georgia’s economy.

A new poll says three out of four voters do not believe tariffs should stay long term.

Financial experts say if you are retired or a senior, do not panic at the market volatility because this is cyclical.

“Those who are concerned about these moments you should take sober mindedness and understand that tariffs come and go like presidents and these rollercoaster moments also come and go. Take stock of how you feel and what your finances are and can prepare for the next moment,” says Barry Spencer, CEO and Creator of Wealth With No Regrets.

According to financial experts, it’s not the tariffs but uncertainty driving the markets.

The S&P typically averages about 8*% in return per year over the last 40 years, but with the tariffs, it’s caused uncertainty and reduced returns by about 20%.

Financial experts say if you have money in your 401K or IRA, to leave it and pull money from checking or savings.

“If you are not close to retirement, put money into your 401k, ROTH and let it grow so it can compound 10-15 years and be a building block for those people,” says Spencer.

Some small business owners, who are unable to absorb the costs of tariffs say this will mean higher prices for consumers.

“Aristotle says if you want to know what it’s like to be in water don’t ask a fish. If you are uncomfortable you really need to get an outsider’s perspective before you make a decision,” says Spencer.

The Georgia Chamber of Commerce says tariffs will impact Georgia’s port cities of Savannah and Brunswick, which bring in cargo and things like cars from foreign manufacturers.

Economists say the agriculture industry will feel the pinch with lower poultry and crop exports to countries like India and China, which impact Georgia farmers.

Some companies say even if a product is made in the United States, the raw materials could come from other countries, and if they’re hit with tariffs, that means those items will be more expensive to consumers.