Deardorff on impact of tariffs on business startups | Gerald R. Ford School of Public Policy

Deardorff on impact of tariffs on business startups

November 22, 2024 Business Insider

Alan Deardorff, Ford School professor emeritus, adresses impacts tariffs may have on business startups. Deardorff says a "10% or 20% tariffs on all imports from everywhere," would "not by itself target or avoid startups," however, Trump is likely to make exclusion for those who are effected and have a lot of economic power to influence his decisions. Startups on the other hand, Deardorff says, will not be powerful enough to protect themselves.