Trump’s new tariffs could cost Americans $110 billion, hitting trade-dependent states hardest with higher prices and job losses.
Bedassa Tadesse
Bedassa Tadesse
Bedassa Tadesse is a professor of economics at the University of Minnesota Duluth.
Trump’s proposed tariffs on Mexico, Canada, and China risk triggering retaliation, raising costs, and accelerating de-dollarization.
As AGOA’s renewal is up for consideration, diversification, investment in infrastructure, and skills development are key to its improvement.