“Certainly, tariffs give the U.S. some leverage to ensure that any agreement China makes is enforceable. But one of the things we talk about with our clients at the Duff & Phelps Institute is the impact of tariffs on global supply chains,” said Nicole Lamb-Hale, a fellow at the Duff & Phelps Institute. “It’s important to consider the fact that consumers are hurt when the inputs to manufacturing, mostly coming from China, drive the costs up for consumers in the U.S. It’s a delicate balance,” she added. Nicole is a managing director in the Business Intelligence and Investigations practice of Kroll, a division of Duff & Phelps, based in Washington, D.C.
Watch the full interview here.