international trade | Gerald R. Ford School of Public Policy
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State & Hill

Import tariffs and their effects

May 8, 2025
The economics of tariffs is surprisingly simple: they are a tax, which raises the price that buyers pay and that competing sellers inside the country can...
Two individuals engaged in a discussion at a formal event, one of whom is gesturing while speaking.
News

Wolfers weighs in on tariffs, uncertainty, and the stock market

Mar 9, 2025
Ford School professor and economist Justin Wolfers discussed the impacts of tariffs, uncertainty, and consumer sentiment on the US economy with several news outlets last week. Wolfers highlighted the response the stock market had to tariffs and what...
Justin Wolfers
In the Media

Stevenson discusses Trump reasoning on tariffs

Mar 6, 2025 Michigan Public
Ford School professor Betsey Stevenson discussed the rational behind implement tariffs on Canada and Mexico, but she said, "with China that they may have been trying to compete with very low-cost manufacturing" however “I don't think you can make...
Stevensom SRM Subcommittee Hearing Teaser Display
In the Media

All economists think tariffs will weaken the US and Canada - Stevenson

Mar 6, 2025 Michigan Public
Betsey Stevenson, Ford School professor and economist, talked with Michigan Public's Stateside about the claims Trump has made about Canada, she says Trump "has claimed it is because of drug trade or illegal immigration but we just don't have a lot...
Betsey Stevenson
In the Media

Canada is not ripping us off - Stevenson

Mar 5, 2025 MSNBC
Betsey Stevenson, Ford School professor and economist, talked with Chris Hayes about tariffs and Trump's rhetoric, she says "when someone sells me something cheap I don't think you ripped me off I want you to charge me 10% more, but that's basically...
Betsey Stevenson
In the Media

Stevenson talks impacts of tariffs around globe

Mar 4, 2025 ABC Australia
Ford School professor and economist, Betsey Stevenson says Americans will feel impacts of tariffs quite quickly especially because "already companies have been taking action and anticipating tariffs, in some sense prices may already reflect the...
Betsey Stevenson
In the Media

China's retaliation on Trump's tariff policy - Wolfers

Feb 6, 2025 MSNBC
Fixating on the early actions of the Trump administration, Justin Wolfers spoke with MSNBC on President Trump's imposed tariff policy. Wolfers explained how China has pushed back on the tariff policy. "China has levied a bunch of retaliation...
Justin Wolfers
In the Media

Deardorff suggests Trump bargains with threats to raise tariffs

Dec 6, 2024 BBC Brasil
U.S. President elect Donald Trump has recently threatened to impose 100% tariffs on countries working to replace the U.S. dollar in international trade transactions. The Ford School's Alan Deardorff informed BBC Brasil that "If Trump uses all the...
Alan Deardorff
In the Media

Deardorff on impacts of Trump's possible tariffs

Nov 8, 2024 The Washington Post
Alan Deardorff, Ford School professor emeritus spoke with the Washington Post about the Trump administration's possible tariffs. He pointed out the upside to most taxes and tariffs, which people eventually get used to. However, he said “With a 60...
Alan Deardorff
In the Media

"We've taken a clear turn" - Hanson on free trade

Nov 5, 2024 CBC
Jonathan Hanson, Ford School professor, discussed how the US has turned away from the idea of free trade, he said the U.S. has been pushing toward protectionism by subsidizing plants to build in the country. He said, "The overall political climate...
Jonathan Hanson
In the Media

No fear for Halloween candy prices - Deardorff

Aug 25, 2023 The Messenger
Alan Deardorff, The Messenger: "For decades the U.S. policy on sugar has been to protect the sugar market to keep the price above the world price," said Alan Deardorff, a professor emeritus of public policy and economics at the University of...
Alan Deardorff
In the Media

On third anniversary, USMCA hasn't accomplished much - Deardorff

Jun 29, 2023 Associated Press
Alan Deardorff, Associated Press: “I don’t expect that we’re ever going to be able to say that (the USMCA) accomplished very much,’’ said Alan Deardorff, a professor emeritus of economics and public policy at the University of Michigan. “I don’t...
Alan Deardorff
In the Media

Dominguez discusses the weakening dollar

Dec 5, 2022 NPR Marketplace
Kathryn Dominguez, NPR Marketplace: "Manufacturing companies that are selling abroad and competing with foreign manufacturers may find that they are able to do better with a less-strong...
Kathryn Dominguez speaks to prospective students at the Ford School's Spring Preview
In the Media

Rabe weighs in on proposed tax credit for union-made electric vehicles

Dec 2, 2021 The Washington Post
Barry Rabe spoke to The Washington Post on the international trade consequences of a key climate provision in the Democrats’ $2 trillion social spending bill that would see tax credits for union-made electric vehicles.   Commenting on concerns...
Headshot of Barry Rabe
In the Media

UK-EU trade deal will slow auto trade - Deardorff

Dec 29, 2020 Detroit News
"If nothing else, it will slow down the trade," Deardorff tells the Detroit News. "It's going to take longer for everything to move across the border."  You can read the article...
Alan Deardorff
In the Media

Deardorff comments on trans-Pacific trade

Nov 27, 2020 Detroit News
Biden may want to join the TPP agreement, said Deardorff. But "he probably knows from the experience of it being negotiated, it's not going be an easy thing to do." Read the full article in the Detroit...
Alan Deardorff
News

“Promise Kept” on Trump tariff threat - Deardorff

Jul 20, 2020
Alan Deardorff, Ford School professor and one of the world’s leading experts on international trade policy, was referenced in a Politifact “Trump-O-Meter” fact-check of Trump Administration policy promises.   The stated policy: “Any country that...
Alan Deardorff

Trans-Pacific Partnership (TPP): A Panel Discussion

Nov 10, 2016, 4:00-5:30 pm EST
Annenberg Auditorium Weill Hall
Consideration of the the Trans-Pacific Partnership (TPP) trade agreement has been postponed until after the election, when it may come up for a vote in Congress. Ford School Professor Alan Deardorff will moderate this two-person panel on the pros and cons of the TPP.
Ford School