tariffs | Gerald R. Ford School of Public Policy
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In the Media

Dominguez on the increasing value of foreign currency

Mar 20, 2025 Marketplace
As the economy prepares for the Trump administration's proposed tariff plan, U.S. goods are becoming less competitive than those from foreign countries. Speaking with Marketplace, the Ford School's Kathryn Dominguez claims this isn't the only...
Kathryn Dominguez speaks to prospective students at the Ford School's Spring Preview
In the Media

Wolfers offers what to expect with Trump's proposed tariffs

Mar 13, 2025 CNN
If Trump's proposed 200% tariffs on alcohol coming from the EU are enacted, “it means your liquor store probably won’t stock it." Noted Justin Wolfers, an economics professor at the Ford School. He told CNN that he believes the tariff “would drive...
Photo of Justin Wolfers
In the Media

Wolfers: It's not a world trade war, but an American trade war

Mar 12, 2025 ABC Australia
Justin Wolfers, Ford School professor talked with ABC Australia about Trump's trade war and how other countries like Australia have yet to retaliate. Wolfers said "we haven't seen any action of non-US countries imposing tariffs on each other so its...
Justin Wolfers
In the Media

Trump sees the world in zero sum terms - Wolfers

Mar 11, 2025 MSNBC
Ford School professor Justin Wolfers tried to explain Donald Trump's thinking on the economy. He said, "There is an underlying economics of trump, and you won't be surprised I think it's dead wrong." Wolfers said, "There's the zero sum thinking and...
Justin Wolfers
In the Media

Stevenson's perspective on Trump's tariffs

Mar 11, 2025 Yahoo! Finance
Following President Trump's recently imposed tariffs on Canada and Mexico, the Ford School's Betsey Stevenson spoke with Yahoo! Finance to discuss her view on the policy. Stevenson argued, "Not trading with your neighbors is not a recipe for higher...
Betsey Stevenson
In the Media

Wolfers acknowledges economic uncertainty for business owners

Mar 10, 2025 ABC Australia
On an ABC Australia review on the current economic state of the U.S. and the outlook on what's to come for business owners and CEOs. the Ford School's Justin Wolfers stated the Trump Administration's economic policies have "raised the possibility...
Photo of Justin Wolfers
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 on uncertainty around tariffs

Mar 9, 2025 Meet the Press
Betsey Stevenson, Ford School professor and economists, talked about the continuing uncertainty around tariffs. She said, "Uncertainty is terrible but certainty that we have huge tariffs is also terrible." Stevenson added, "Trump can't guarantee how...
Betsey Stevenson
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

Wolfers empathizes with consumers concerns for the future economy

Feb 25, 2025 CNN
Following the third consecutive fall of The Conference Board’s Consumer Confidence Index, the Ford School's Justin Wolfers told CNN, “The fact that consumers don’t feel like it’s smooth sailing — you’ve got one very obvious suspect. That’s the White...
Justin Wolfers
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

Canada tariffs will impact Michigan - Stevenson

Feb 3, 2025 WXYZ
Ford School Professor Betsey Stevenson explains how trade with Canada would be impacted by a 25% tariff, saying for any good, "now every time it crosses that border we have got to add 25 percent to the price." she also noted "it’s not jut consumers...
Betsey Stevenson
In the Media

Wolfers has lingering uncertainty about Trump's tariff tactics

Feb 3, 2025 CNN
As President Trump doubles down on his threats for tariffs on foreign trade, the Ford School's Justin Wolfers isn't sure his tactics work economically. Wolfers told CNN, “Trump announces tariffs, so markets fall. Trump walks back tariffs, markets...
Photo of Justin Wolfers
In the Media

Wolfers: Financial damage at home and abroad from tariffs

Feb 2, 2025 ABC Australia
Justin Wolfers, Economist and Ford School professor talked with ABC Oz about possible the Trump administration tariffs. When if Trump would put tariffs on Australia Wolfers says "There's nothing you can do but guess with this guy" a nod to...
Justin Wolfers
In the Media

Wolfers: Tariffs can have real consequences for U.S. consumers

Jan 31, 2025 Bloomberg
Ford School economics professor Justin Wolfers told Bloomberg TV's The Close that one of the biggest consequences of tariffs with Canada and Mexico could be on the many cross-border transactions that happen in the production of many consumer...
Justin Wolfers
In the Media

Deardorff asserts tariffs threats "are not common"

Dec 18, 2024 WCMU
A podcast from WCMU spoke with the Ford School's Alan Deardorff to better understand Trump's motivation using tariffs as a bargaining tool. Deardorff explained "We haven't done it much [using tariffs for trade negotiating] for many decades because...
Alan Deardorff
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

Stevenson talks possible Trump tariff and immigration plans

Nov 27, 2024 Bloomberg
Betsey Stevenson, Ford school professor said, "I don't think its reigniting" about the inflation rate, though she said it is hard to reduce inflation from 3% to 2%. She also talked immigration, saying "one of the reasons we have had such fast...
Betsey Stevenson
In the Media

Stevenson on beauty product prices under Trump administration

Nov 25, 2024 Allure
Betsey Stevenson, Ford School professor and economists, gave one extreme example of how tariffs could increase makeup prices, “if you knew we would never be able to import Chanel lipstick into the U.S again, the price would go up immediately because...
Betsey Stevenson