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    DCFC Community Benefits Process Kicks Off in Mexicantown

    DCFC Community Benefits Process Kicks Off in Mexicantown

    Trump’s downfall: Fascist capitalism will do him in

    Trump’s downfall: Fascist capitalism will do him in

    Mayan Kaqchikel

    Mayan Kaqchikel

    “SWFest” to Showcase Local Sound for Fifth Year at Senate Theater

    “SWFest” to Showcase Local Sound for Fifth Year at Senate Theater

    Senator Slotkin Delivers Federal Honor to CHASS as Funding Fights Loom

    Senator Slotkin Delivers Federal Honor to CHASS as Funding Fights Loom

    Why Trump will fail

    Why Trump will fail

    Pueblo Yumano

    Pueblo Yumano

    A Forever Home for Detroit City FC

    A Forever Home for Detroit City FC

    Centros de ayuda parroquiales enfrentan mayores costos por recortes federales a bancos de alimentos

    Centros de ayuda parroquiales enfrentan mayores costos por recortes federales a bancos de alimentos

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    DCFC Community Benefits Process Kicks Off in Mexicantown

    DCFC Community Benefits Process Kicks Off in Mexicantown

    Metro Detroit Youth Find Their Voice in Summer Writing and Photography Camp

    Metro Detroit Youth Find Their Voice in Summer Writing and Photography Camp

    UNI Launches Youth Development Practitioner Apprenticeship

    UNI Launches Youth Development Practitioner Apprenticeship

    Ballot drive to end utility political contributions clears state canvassers

    Ballot drive to end utility political contributions clears state canvassers

    Detroit’s EasyPay Payment Plan Enrolls More than 30,000 residents protected from service interruption

    Detroit’s EasyPay Payment Plan Enrolls More than 30,000 residents protected from service interruption

    “SWFest” to Showcase Local Sound for Fifth Year at Senate Theater

    “SWFest” to Showcase Local Sound for Fifth Year at Senate Theater

    Senator Slotkin Delivers Federal Honor to CHASS as Funding Fights Loom

    Senator Slotkin Delivers Federal Honor to CHASS as Funding Fights Loom

    Movies Under the Stars Season Concludes Friday in Detroit at Historic Fort Wayne

    Movies Under the Stars Season Concludes Friday in Detroit at Historic Fort Wayne

    LIBRE–Michigan Hosted A Back-to-School Giveaway to Empower Latino Families

    LIBRE–Michigan Hosted A Back-to-School Giveaway to Empower Latino Families

  • Featured
    DCFC Community Benefits Process Kicks Off in Mexicantown

    DCFC Community Benefits Process Kicks Off in Mexicantown

    “SWFest” to Showcase Local Sound for Fifth Year at Senate Theater

    “SWFest” to Showcase Local Sound for Fifth Year at Senate Theater

    Senator Slotkin Delivers Federal Honor to CHASS as Funding Fights Loom

    Senator Slotkin Delivers Federal Honor to CHASS as Funding Fights Loom

    A Forever Home for Detroit City FC

    A Forever Home for Detroit City FC

    CHASS Center Honored with Spirit of Detroit Award in Honor of 55 Years of Community Health, Dignity, and Hope

    CHASS Center Honored with Spirit of Detroit Award in Honor of 55 Years of Community Health, Dignity, and Hope

    Gutierrez and cousin Jacob Lozano

    Donut Villa Expands to Second Location Near Ford Rouge Plant

    Candidates Face the People: Southwest Detroit Hosts Powerful Mayoral Forum on Community Priorities

    Candidates Face the People: Southwest Detroit Hosts Powerful Mayoral Forum on Community Priorities

    Fr. David Buersmeyer y Mrs. Judith Brooks de Strangers No Longer / hablan a los participantes de la procesión frente a la oficina de campo de ICE en Detroit / address procession participants in front of the field office of ICE in Detroit. Foto de/Photo by Valaurian Waller | Detroit Catholic

    Detroit Catholics Walk in Solidarity with Immigrants, Demand Humane Treatment

    Linzie and Jesse Venegas of Ideal Group Recognized as Entrepreneurs Of The Year 2025

    Linzie and Jesse Venegas of Ideal Group Recognized as Entrepreneurs Of The Year 2025

  • Opinion
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    Festivalgoers enjoying the photobooth.

    SWFest: Celebrating Five Years of Creativity and Community

    Mayan Kaqchikel

    Mayan Kaqchikel

    “SWFest” to Showcase Local Sound for Fifth Year at Senate Theater

    “SWFest” to Showcase Local Sound for Fifth Year at Senate Theater

    Pages Bookshop to Host Book Launch and Community Roundtable

    Pages Bookshop to Host Book Launch and Community Roundtable

    Pueblo Yumano

    Pueblo Yumano

    Learning about Art from a Master

    Learning about Art from a Master

    Huastecos Téenek

    Huastecos Téenek

    2025 Kresge Fellows from left-right: Elise Marie Martin, Taurus Burns, Louis Aguilar, Maya Davis, Kimberly LaVonne, Slumdog Visionaire, Marwa Helal, Donald Calloway, Brittany Rogers, Beenish Ahmed, Ivan Montoya, April Anue Shipp, Allana Clarke, Malak Cherri, Anetria Cole. Photo credit: JennyRisher

    Latino Creatives Shine as 2025 Kresge Fellows, Honoring Heritage and Artistic Power

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Expert Analysis of Trump’s Tariff Policies

EL CENTRAL by EL CENTRAL
December 5, 2024
in Community, Español, Politics
Reading Time: 5 mins read
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  • Juan Ochoa
  • December 5, 2024
Español Abajo

ANN ARBOR—President-elect Donald Trump has reaffirmed his commitment to impose tariffs on companies that manufacture products outside the United States. This measure, aimed at strengthening national production and protecting American jobs, has significant implications for international trade dynamics and economic relationships.

Alan Deardorff, John W. Sweetland Professor Emeritus of International Economics and Professor Emeritus of Public Policy at the University of Michigan, offers his analysis on the possible impact of these proposed tariffs. His expertise helps to clarify how such policies may influence key economies like Mexico, as well as the broader economic landscape of the United States.

People will see changes in consumer prices, as these tariffs could affect everyday life, including employment patterns and the cost of goods.

What effects do you anticipate from Trump’s proposed tariffs on imports, and how might countries retaliate?

The effects of Trump’s stated tariff plans depend a great deal on exactly the products that he puts tariffs on, the countries whose exports he applies them to, and crucially the extent to which those countries retaliate with tariffs on U.S. exports. Assuming that he follows through with his proposal to apply a 10% (or 20%) tariff on all imports from all countries, and that many of those countries retaliate (as they did when he used tariffs in 2018), the effect will be to largely cut the U.S. off from the world trading system, substantially reducing both our imports and our exports.

How might these tariffs affect the prices of goods for American consumers?

They raise prices for consumers, both on the imports themselves and on domestically produced competing products, and since many of these are inputs to other production, they raise prices of goods produced with them.

Who ultimately bears the cost of tariffs? Are they more burdensome for the exporting country, the importing country, or passed on to consumers?

They are mostly passed on to consumers through higher prices, so they are the biggest losers. But exporting countries subject to tariffs also lose, as they sell less.

What might be the global economic consequences of Trump’s tariff plans, particularly for countries reliant on U.S. trade?

As for the rest of the world, those countries that depend heavily on trade with the U.S., most obviously Canada and Mexico, will be badly hurt, and the world too will likely go into recession. But I expect that most of the world will recover from that before we do because, big as we are, the rest of the world is much bigger.

How much does the United States import from Mexico compared to its exports to Mexico?

The U.S. imports far more from Mexico than it exports to Mexico.

Análisis experto de las políticas arancelarias de Trump

ANN ARBOR—El presidente electo Donald Trump ha reafirmado su compromiso de imponer aranceles a las empresas que fabrican productos fuera de los Estados Unidos. Esta medida, destinada a fortalecer la producción nacional y proteger los empleos estadounidenses, tiene implicaciones significativas para las dinámicas del comercio internacional y las relaciones económicas.

Alan Deardorff, Profesor Emérito de Economía Internacional John W. Sweetland y Profesor Emérito de Políticas Públicas de la Universidad de Michigan, ofrece su análisis sobre el posible impacto de estos aranceles propuestos. Sus conocimientos ayudarán a aclarar cómo dichas políticas pueden influir en economías importantes como China y México, así como en el panorama económico más amplio de los Estados Unidos.

Las personas verán cambios en los precios al consumidor, ya que estos aranceles podrían afectar la vida cotidiana, incluyendo los patrones de empleo y el costo de los bienes.

¿Qué efectos anticipa de los aranceles propuestos por Trump sobre las importaciones y cómo podrían responder los países?

Los efectos de los planes arancelarios declarados por Trump dependen en gran medida de los productos específicos a los que les ponga aranceles, los países cuyas exportaciones se apliquen y, crucialmente, la medida en que dichos países respondan con aranceles a las exportaciones de EE. UU. Suponiendo que cumpla con su propuesta de aplicar un arancel del 10% (o 20%) a todas las importaciones de todos los países, y que muchos de esos países respondan (como lo hicieron cuando usó los aranceles en 2018), el efecto será prácticamente cortar a EE. UU. del sistema comercial mundial, reduciendo sustancialmente tanto nuestras importaciones como nuestras exportaciones.

¿Cómo podrían afectar estos aranceles los precios de los productos para los consumidores estadounidenses?

Estos aumentan los precios para los consumidores, tanto en las importaciones mismas como en los productos nacionales que compiten con ellas. Dado que muchos de estos son materias primas para otras producciones, aumentan los precios de los bienes producidos con ellos.

¿Quién asume en última instancia el costo de los aranceles? ¿Son más gravosos para el país exportador, el país importador o se trasladan a los consumidores?

En su mayoría se trasladan a los consumidores a través de precios más altos, por lo que son los mayores perdedores. Pero los países exportadores sujetos a aranceles también pierden, ya que venden menos.

¿Cuáles podrían ser las consecuencias económicas globales de los planes arancelarios de Trump, especialmente para los países que dependen del comercio con EE. UU.?

En cuanto al resto del mundo, aquellos países que dependen en gran medida del comercio con EE. UU., más notablemente Canadá y México, se verán gravemente afectados, y es probable que el mundo también entre en recesión. Pero espero que la mayor parte del mundo se recupere de eso antes que nosotros porque, aunque somos grandes, el resto del mundo es mucho más grande.

¿Cuánto importa Estados Unidos de México en comparación con lo que exporta a México?

Estados Unidos importa mucho más de México de lo que exporta a México.

Tags: economy
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