Maxwell School News and Faculty Media, Opinion and Analysis

Lovely testifies before US-China Commission on US corps in China

On February 28, 2019, Professor Mary Lovely testified before the U.S.-China Commission on the "Risks, Rewards, and Results: U.S. Companies in China and Chinese Companies in the United States." "Removing barriers for American companies providing knowledge intensive goods and services in a Chinese market will expand employment opportunities here at home," Lovely told the Commission. "While we often see multinationals as the chief villains in the rapid decline of U.S. manufacturing employment, they remain an important source of U.S. manufacturing jobs. Multinationals constitute only 4 percent of all manufacturing firms, but they provide 51 percent of manufacturing employment," she added. "So these firms are important. And what happens to them in their operations abroad is important for what happens here at home."

April 9, 2019

See related: China, Labor, United States

Lovely discusses President Xi Jinping's visit to France on Bloomberg

According to Mary Lovely, professor of economics, China's leadership is "looking for friends everywhere." And with France being an important player in Europe, "they're also looking to continue to diversify their portfolio in terms of where they do business and how they do business," she says.

March 26, 2019

See related: China, Europe, International Affairs

Lovely provides an economic history of tariffs on Marketplace

"The economy has changed a lot since 1888 and in particular, when we think about who bears the burden of tariffs, we have to recognize the development of very complex supply chains for American companies," says Professor of Economics Mary Lovely.

February 13, 2019

Hou study on population policy, demographic change and firm returns published in BE JEAP

Zhiyong An & Yilin Hou

January 4, 2019

See related: China

Lovely discusses tariffs with the Economist, Wall Street Journal

"The first few rounds of tariffs hit supply chains really hard," says Mary Lovely, professor of economics. Now, the Trump administration "has begun to hit things clearly not processed in the U.S.—consumer goods—and this is going to get people’s attention."

September 12, 2018

Lovely discusses impact of tariffs on US businesses on NPR

Mary Lovely, professor of economics, says that after two rounds of retaliatory tariffs by China, U.S. ham and various other pork products now face massive tariffs—between 62 and 70 percent. "In recent weeks, the U.S. Department of Agriculture has reported zero weekly export sales of pork to China," she says. "So our exports to the country have pretty much collapsed."

July 25, 2018

Lovely discusses US-China tariffs in Associated Press, Atlantic, Wash Post, Wall Street Journal

Mary Lovely, professor of economics, explains why lower-income consumers, who tend to buy more goods from countries such as China, might end up feeling squeezed more than their higher-income counterparts.

July 19, 2018

Lovely weighs in on Harley-Davidson, tariffs in AP, Reuters, NBC

"More firms will follow Harley’s lead and move production overseas," says Mary Lovely, professor of economics. "Can’t blame them. Many companies are being put in very difficult positions."

June 27, 2018

Lovely discusses possible US tariffs on auto imports with Bloomberg

"We've come to expect this type of ebb and flow in terms of the threat of levying trade protections against our trading partners from this administration," says Mary Lovely, professor of economics.

May 24, 2018

Lovely featured in Bloomberg article on impact of US tariffs on China

"The proposed tariffs will hit bilateral trade in fast-growing, knowledge-based sectors the hardest," say Mary Lovely, professor of economics, and Yang Liang, a Ph.D. candidate in economics. "Rather than hitting the administration’s intended target—Chinese firms that may have unfairly obtained American technology—the proposed tariffs would actually inflict damage on U.S. high-technology sectors."

May 17, 2018

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