Patrick Anderson
Patrick Anderson is the CEO of Anderson Economic Group, a Michigan-based economic consulting firm. He has analyzed the economic implications of tariffs, stating that while tariffs may have some positive effects, their negative impacts can far outweigh any benefits, particularly for the manufacturing sector. Anderson's insights emphasize the significant increases in production costs that tariffs can impose on North American-assembled vehicles.
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Recent news mentions
Patrick Anderson praises Wolff's performance as one of the best he's seen.
Norge spist av tysk keeperulv: – Semifinaledrømmen er knust
Norway· 2026-01-24
Director for TVET at the Ministry of Education, Patrick Anderson, delivering the welcome remarks on behalf of Minister Jallah, lauded UNIDO, the European Union and all development partners.
2nd National TVET Job Fair Offers 85 Job Vacancies for Skilled Liberian Youth | Business
Liberia· 2025-11-28
Patrick Anderson, principal of AEG, said automakers that have operations that span the North American borders are faced with a 'huge bill.'
U.S. automakers on track to pay $10-billion in tariffs by end of October
Canada· 2025-10-17
Patrick Anderson is the president of the Anderson Economic Group and comments on the reluctance of automakers to pass tariff costs onto consumers.
Car prices are in check. But get ready for sticker shock on repair bills
United States· 2025-09-21
Patrick Anderson, principal of the consultancy, analyzed trade figures and commented on the financial impact of tariffs on U.S. automakers.
U.S. industry groups urge Trump administration to stop expanding tariff listsCanada· 2025-09-20
Patrick Anderson, principal of Michigan-based Anderson Economic Group, says U.S. auto parts makers will pass along the higher costs of raw materials.
Business Brief: Tariffs roll onto U.S. car lotsCanada· 2025-07-18
Patrick Anderson, principle of the consultancy, predicted car price increases due to tariffs.
General Motors cuts profit outlook on tariff exposure riskCanada· 2025-05-02
Consultant Patrick Anderson stated that the adjustments provide significant and beneficial softening of the cost impact of these tariffs.
U.S. gives Canadian auto parts makers a tariff breakCanada· 2025-05-02Patrick Anderson estimated that the auto parts tariffs would raise the cost of producing cars at American plants.
Ford CEO extends ‘employee pricing.’ But price hikes could come this summerUnited States· 2025-05-01
Patrick Anderson, principal of Anderson Economic Group, said the massive costs of the parts tariffs have spurred the industry to drop its reluctance to speak publicly.
U.S. auto industry appeals to Trump to reverse course on tariffsCanada· 2025-04-25
Anderson is the president of Anderson Economic Group, a Michigan think tank.
Trump says free trade killed American automaking jobs. That’s not the whole storyUnited States· 2025-04-14
Patrick Anderson warned that the implementation of these tariffs would affect jobs across the States.
Мита на імпорт авто в США: як Трамп почав автомобільну війну
Ukraine· 2025-04-02
Patrick Anderson, president of the Anderson Economic Group, stated that automakers are in a serious predicament due to the tariffs.
American auto jobs could be lost quickly in tariff warUnited States· 2025-03-31
Patrick Anderson, principal of Anderson Economic Group, warns of job losses in Ontario due to tariffs.
Canada’s auto sector could face layoffs, shutdowns due to Trump tariffs, say industry expertsCanada· 2025-03-28
Patrick Anderson is the chief executive of the Anderson Economic Group.
How will carmakers be affected by Trump's tariffs?
United Kingdom· 2025-03-28
Patrick Anderson, chief executive of the Anderson firm, described the situation as crazy for consumers and difficult for manufacturers.
Buying a Car? Trump’s Tariffs Could Make It More Expensive.United States· 2025-03-16
Patrick Anderson, CEO of the Anderson Economic Group, told Bloomberg about the cost increase leading to a decline in sales.
Car prices could rise $12,000 due to Trump's latest tariffsUnited States· 2025-03-04
Patrick Anderson is the CEO of the Anderson Economic Group and provided insights on the potential cost impact of tariffs.
Nissan e Stellantis podem ser as mais afetadas pelas tarifas de Trump
Brazil· 2025-03-04
Patrick Anderson stated that costs will likely be passed on to consumers.
Trump-Zölle könnten US-Autopreise um 12.000 Dollar in die Höhe treiben
Luxembourg· 2025-03-04Patrick Anderson, CEO of the Anderson Economic Group, predicted cutbacks in production and jobs due to rising costs from tariffs.
What will cost Americans more from sweeping tariffs on Mexico, China and CanadaUnited States· 2025-03-04
Patrick Anderson, CEO of the Anderson Economic Group, stated that the cost increase will lead to a decline in sales of models with the greatest commercial impacts.
Automóveis devem ficar até R$ 70 mil mais caros para os americanos após tarifasBrazil· 2025-03-04
Patrick Anderson, the group’s CEO, predicted that producers will stop making some of the models due to the higher costs.
Your next car could quickly become much more expensive, even if it’s made in a US factoryUnited States· 2025-03-01
Patrick Anderson, CEO of Anderson Economic Group, discussed the potential cost increases due to tariffs on steel and aluminum imports.
Trump’s 2018 steel tariffs brought higher prices, did little to boost jobsCanada· 2025-02-12
