Daily Detroit

How Tariffs Will Hit Home In Michigan


Listen Later

We're on the eve of expected 25% tariffs against Canada and Mexico going into effect. Michigan and Metro Detroit's economies are deeply tied to international trade — whether it's the automotive and manufacturing sectors or our vast agricultural areas. 

So what are we really looking at as far as impacts by the decision the Trump administration says they're going to make? How do we get past the rhetoric, fear, and doubt to how this will impact our state and region, as many jobs and livelihoods are on the line?

What about cost increases on everything from avocados to autos? What about gas prices?

If we decide to put tariffs on the European Union, how will that likely increase drug prices? What about the thought that "tariffs didn't hurt the last time?"

My guests are two experts, economists from Michigan State University.

- David Ortega is a food economist and professor at MSU

- Jason Miller is a professor of Supply Chain Management at MSU.

Daily Detroit shares what to know and where to go in Detroit every day.

Find us on Apple Podcasts: https://podcasts.apple.com/us/podcast/daily-detroit/id1220563942

Or sign up for our newsletter: https://www.dailydetroit.com/newsletter/

 

...more
View all episodesView all episodes
Download on the App Store

Daily DetroitBy Daily Detroit

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

165 ratings


More shows like Daily Detroit

View all
Marketplace Tech by Marketplace

Marketplace Tech

1,275 Listeners

Marketplace by Marketplace

Marketplace

8,591 Listeners

Fresh Air by NPR

Fresh Air

38,132 Listeners

Bloomberg Intelligence by Bloomberg

Bloomberg Intelligence

402 Listeners

WTF with Marc Maron Podcast by Marc Maron

WTF with Marc Maron Podcast

28,749 Listeners

Freakonomics Radio by Freakonomics Radio + Stitcher

Freakonomics Radio

32,073 Listeners

Here & Now Anytime by WBUR

Here & Now Anytime

1,008 Listeners

Explain It to Me by Vox

Explain It to Me

7,857 Listeners

Revisionist History by Pushkin Industries

Revisionist History

59,380 Listeners

Make Me Smart by Marketplace

Make Me Smart

5,495 Listeners

The Daily by The New York Times

The Daily

111,479 Listeners

The Journal. by The Wall Street Journal & Gimlet

The Journal.

5,912 Listeners

The Atlas Obscura Podcast by SiriusXM and Atlas Obscura

The Atlas Obscura Podcast

1,618 Listeners

Moody's Talks - Inside Economics by Moody's Analytics

Moody's Talks - Inside Economics

282 Listeners

The Detroit Evening Report by WDET

The Detroit Evening Report

6 Listeners