Alumnus trade expert and avid Smeal volunteer, William (Bill) C. Lane ’75 ACCT, ’79 M is back! The former Executive Director of Trade For America and Caterpillar’s 40-year veteran of global governmental affairs discusses how trade and inflation are linked, along with what happen in the past that we should be aware of when looking at the current situation.

"When you put tariffs in place, you tend to dampen competition and when you dampen competition it makes it easier for people to raise prices.”
–William (Bill) C. Lane