Patrick Anderson

Patrick Anderson

business executive United States

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 Mentions

Canada Canada: Patrick Anderson, principle of the consultancy, predicted car price increases due to tariffs. 5

The Globe and Mail: General Motors cuts profit outlook on tariff exposure risk

Canada Canada: Consultant Patrick Anderson stated that the adjustments provide significant and beneficial softening of the cost impact of these tariffs. 7

The Globe and Mail: U.S. gives Canadian auto parts makers a tariff break

United States United States: Patrick Anderson estimated that the auto parts tariffs would raise the cost of producing cars at American plants. 5

CNN: Ford CEO extends ‘employee pricing.’ But price hikes could come this summer

Canada Canada: 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. 5

The Globe and Mail: U.S. auto industry appeals to Trump to reverse course on tariffs

United States United States: Patrick Anderson, president of the Anderson Economic Group, stated that automakers are in a serious predicament due to the tariffs. 5

CNN: American auto jobs could be lost quickly in tariff war

United Kingdom United Kingdom: Patrick Anderson is the chief executive of the Anderson Economic Group. 5

BBC: How will carmakers be affected by Trump's tariffs?

United States United States: Patrick Anderson, chief executive of the Anderson firm, described the situation as crazy for consumers and difficult for manufacturers. 5

The New York Times: Buying a Car? Trump’s Tariffs Could Make It More Expensive.