tariffs

Speaking with Marketplace, the Ford School's Alan Deardorff discusses President-elect, Donald Trump's proposed tariff plan. Deardorff suggests Trump's tariff plan will raise prices on imported American goods. “Most economists’ view of this is that...

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...

The higher prices of imported goods could also prompt domestic producers to raise the prices of their goods, according to Alan Deardorff, emeritus professor of economics and public policy at the University of Michigan. Deardorff says the tariffs...

As for what those conversations might look like Alan Deardorff, an international economics professor at the University of Michigan, said they’ll likely be focused on tightening the border.“I don't think they necessarily have to clamp down instantly,...

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, 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...

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...

Political hurdles in the U.S. have prevented a national carbon tax or cap-and-trade-system, but would the American public support tariffs linked to climate policy?University of Michigan political scientist Barry Rabe, in collaboration with Chris...

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...

Justin Wolfers, Ford School professor, talked about impacts of Trump's election on the market and the economy, saying "the market seems happy but that's because he is likely to deliver the tax cuts that make stocks more valuable." Also he noted,...

Alan Deardorff, Ford School professor emeritus said, “Assuming that he follows through with his proposal to apply a 10 percent (or 20 percent) tariff on all imports from all countries... the effect will be to largely cut the U.S. off from the world...

Alan Deardorff, Ford School professor emeritus, talked on the Big Technology Podcast about a possible trade war under the next presidential administration. He noted that Trump has promised tariffs across the board but that the Harris may also impose...

In a major recent New York Times article, the Ford School’s Betsey Stevenson and Justin Wolfers represented the center-left in a discussion on economics with center-right economic advisors from the Trump administration, Jay Clayton and Gary Cohn. In...

Ford School professor emeritus, Alan Deardorff commented on why so many economist dislike tariffs. He said Vice president Harris is "right that his tariffs are like a sales tax, in the sense that consumers everywhere are going to end up paying.” He...

Amid the 2024 presidential election, the Ford School's Alan Deardorf has raised concerns regarding former President Donald Trump's plan for tariffs if reelected. Deardorf agreed with Vice-President Kalama Harris's claim stating "She’s right that his...

Justin Wolfers, professor at the Ford School, told CNBC that Trump's proposed tariff plan is going to impact American consumers in more ways than just washing machines. "It's not just washing machines by the way, if you put it aside, you put a...

Justin Wolfers, professor at the Ford School, speaking with USA Today noted that Trump's plan for the economy is not a true policy. "Get rid of inflation' is not a policy... Saying 'I will ask people for their ideas about how to reduce inflation,'...

Ford School professor Justin Wolfers, talked with CNBC about the impacts of Trump's possible plans around tariffs and cost of living. He said, "Generally speaking, when markets are functioning well, price controls are a bad idea even though they are...

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...

It’s the polar opposite of affirmative action, which boosts applicants who have faced adversity. It’s unconscionable for a handful of elite colleges to amass enormous tax-advantaged endowments and use them to perpetuate privilege in this way. —...

While President Trump’s rhetoric about trade and the tariffs his administration has implemented aim to make America more protectionist, Ford School professor Justin Wolfers argues the recent and forthcoming actions still have a long way to go to...

Alan Deardorff talks trade relations in a March 22 Consumer Reports article by Octavio Blanco: “These products could get more expensive in a Trump trade war.” Blanco describes the Trump Administration’s proposal to impose tariffs on products from...

Throughout his campaign, President-elect Donald J. Trump promised to bring back jobs to the U.S. Trump plans to do this by applying, or at least threatening to use, tariffs on imported goods from China, Mexico, and other countries that have taken...

Reacting to China's announcement that it will increase tariffs on large American-made cars and SUVs, Alan Deardorff told Michigan Radio that the World Trade Organization could make such disputes less frequent in the future."These things working...