Josh Hendrickson on Trump’s Proposed Canadian Tariffs
ICLE Academic Affiliate Josh Hendrickson was quoted by the Clarion-Ledger in a story about President-elect Donald Trump’s proposed tariffs on Canadian imports. You can read the full piece here.
University of Mississippi Department of Economics Chair Joshua Hendrickson said he expects there to be a resolution before any tariffs can actually take place.
“With regards to Canada, the U.S. is such a large consumer that Canadian exporters are likely to find that they are unable to pass along much, if any, of the tax to U.S. consumers,” Hendrickson said. “Thus, it’s possible that we could see slightly higher prices of goods from Canada. However, the tariffs would be much more harmful to Canada than the U.S. and thus I would expect Canada to try to avoid them by making some sort of agreement with the incoming administration about border enforcement.”