The exterior of the Peter B Lewis Building under a clear sky
Peter B Lewis Building, home of the Weatherhead School of Management at Case Western Reserve University

Weatherhead’s Jonathan Ernest warns automakers about President Trump’s proposed tariffs

Sen. Bernie Moreno, Cleveland-Cliffs CEO tout Trump tariffs as experts warn of higher costs
cleveland.comJonathan Ernest, assistant professor of economics at Weatherhead School of Management, warned that President Trump’s proposed tariffs could raise costs for automakers and consumers by making imported steel 25% more expensive. He highlighted potential inflation and supply chain inefficiencies, noting tariffs disrupt free markets, creating winners and losers while increasing costs for companies like Ford, GM and Stellantis.