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Usha Nair-ReichertIvan Allen College Economics Professor Usha Nair-Rechert was quoted in the article “Marietta Ice Cream Plant Wary of Trump Talk on NAFTA, Import Tax” published in the Atlanta Journal Constitution, April 26, 2017.
Exerpt:
That smiling embrace of global trade is now tempered by uncertainty, for Schroeder and many other Georgia business owners or executives. They are waiting to see how President Donald Trump’s tough trade talk plays out, and what that will mean for the state’s manufacturers and the 387,000 jobs they support… When it comes to ice cream, exports from Georgia have quadrupled since 2010, according to the U.S. Census Bureau. More than one-third of the roughly $16 million in state ice cream exports went to Mexico last year. “There’s a sizable market to be tapped in the ice cream sector, there’s no doubt about that,” said Usha Nair-Reichert, an economist at Georgia Tech. She questioned pulling out of NAFTA, especially given the economic interdependence of the three countries. She also pointed out that if disagreements with Mexico cause the Peso to fall, Mexican exports become more competitive. Comments by the president since his election have been linked to fluctuations in that country’s currency.
