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CGD in the News

How tariff uncertainty trickles down to companies and consumers (Marketplace)

June 13, 2019

From the article:

When it comes to U.S. trade disputes with global trading partners, uncertainty rules the day. The economy feels it when we don’t know what’s going to happen with tariffs and trade negotiations.

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Small businesses can struggle even more. Kimberly Elliott at the Center for Global Development said many have to place orders far in advance.

“Do they place it in China or do they try and find a different supplier because they don’t know what the prices is going to be,” she said. “For a small business that’s really a serious problem.”

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Photo of Kimberly Ann Eliott
Non-Resident Fellow