Media Tip Sheet: White House Tariff Plans Expected to Have Global Impact


April 1, 2025

WASHINGTON – White House aides drafted a proposal to impose tariffs of around 20 percent on most imports to the United States, as the president pushes for an overhaul of the global economic system.

The plan has caused uncertainty, as it remains unclear which countries will be most impacted.

Experts at GW are available to provide insight, analysis and commentary on the economic developments.

To speak with one of our experts, please contact GW Media Relations at [email protected].

Rodney Lake is a teaching instructor of finance and the director of the GW Investment Institute at the GW School of Business (GWSB). Lake oversees GW Investment Institute’s day-to-day operations. Prior to Lake’s current appointment in the GWSB Department of Finance and the GW Investment Institute, he worked as a senior investment officer in the GW Investment Office and was previously a senior financial analyst in the Executive Vice President and Treasurer’s Office at GW.

Scheherazade Rehman is the director of the European Union Research Center and a professor of international finance, business and international affairs. She has advised a number of institutions including OPIC, USAID, U.S. State Department, The World Bank, IMF, and Central Banks and Finance Ministers of Turkey, Nigeria, Peru, Mongolia, Hungary, Poland, Russia and China.

Steven Hamilton is an Assistant Professor of Economics at The George Washington University. His primary area of research is public finance, where he studies the effects of taxes on behavior with a view to designing better tax policy. In recent research, he investigates the degree to which taxpayers should be allowed to claim tax deductions by measuring the extent to which taxpayers use deductions to avoid paying taxes. Hamilton has provided extensive economic commentary to the New York Times, the LA Times, Time Magazine, Newsweek, The Atlantic, Slate, The Hill, the Sydney Morning Herald, and The Australian, among others.

Joe Cordes is professor of Economics, Public Policy and Public Administration, and International Affairs and a co-director of the George Washington Regulatory Studies Center. Dr. Cordes was a Brookings Economic Policy fellow in the Office of Tax Policy in the U.S. Department of the Treasury in 1980-81, and served as a senior economist on the Treasury's Tax Reform project in 1984. From 1989 to 1991 he was Deputy Assistant Director for Tax Analysis at the Congressional Budget Office. He has been a consultant to the Washington, DC Tax Revision Commission, the RAND Corporation, and numerous government agencies including the Congressional Budget Office, Internal Revenue Service Office of Research, the U.S. Treasury Department, National Institute of Standards and Technology, and the National Research Council.

Anthony Yezer, professor of economics, teaches courses in regional economics, urban economics, and the economics of crime. He has been a Fellow of the Homer Hoyt School of Advanced Studies in Real Estate and Urban Economics since 1991. Although his research has concentrated on urban and regional economics, he has worked on a number of other areas where microeconomic theory is applied including: interregional migration, mortgage lending and credit risk measurement, optimal city size, spatial competition, and interarea rent and price indexes, among others.

Pao-Lin Tien is Assistant Professor and Director of Undergraduate Studies at the Department of Economics, George Washington University. Professor Tien received her Ph.D. and M.A. in Economics from Washington University in St. Louis, and earned her B.A. in Mathematics-Economics from Wesleyan University. Prof. Tien most recently worked as a research economist at the Bureau of Economic Analysis, and was Assistant Professor at Wesleyan University. Professor Tien’s research interest focuses generally on empirical macroeconomics. She has publications and working papers in the area of international economics, monetary economics, business cycle fluctuations, and forecasting.

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