Retaliatory tariffs strip US scrap metal industry profits

Finance professor Jeff Bergstrand appeared in a CGTN video segment discussing the impact of the Chinese tariffs on scrap metals on the recycling industry and the Michigan economy.

That view is echoed by Jeffrey Bergstrand of the Mendoza College of Business at the nearby University of Notre Dame. “It is going to price us out of the market. And that is going to turn tend to hurt the Michigan economy in terms of numbers of jobs. I think that is going to be the biggest impact.”