Maxwell School News and Commentary
Filtered by: Economic Policy
Reeher Talks to CBS New York and WCNY About President Trump’s First 100 Days
“Donald Trump has come in and has had just a blizzard of executive orders and other kinds of actions that have had serious impact in the federal government, the relations between the major branches of government and have had effects that have trickled down into Syracuse,” says Grant Reeher, professor of political science.
See related: Congress, Economic Policy, Federal, Tariffs, U.S. Foreign Policy, U.S. Immigration, United States
Lovely Quoted in China Daily Article on Trump’s Tariffs, Rebound of US Manufacturing
Tariffs are often touted by politicians as a good idea because they contend “that China has not adhered to global trade rules by unfairly subsidizing its manufacturing sector. This view leads people to think that trade is unfair to domestic producers and workers and to see tariffs are justified,” says Mary Lovely, professor emerita of economics.
Monarch Talks With the Associated Press, Splinter and Tax Chats Podcast About Trump’s Tariffs
“We don’t know what the U.S. is doing. We don’t know why they’re doing it, and they seem to revel in the fact that they’re causing trouble, economic pain and consternation all across Europe and the world,” says Ryan Monarch, assistant professor of economics.
See related: China, Federal, International Affairs, Tariffs, Trade, United States
McDowell Discusses the Mar-a-Lago Accord and the US Dollar in Deutsche Welle Interview
Part of the Mar-a-Lago Accord is essentially the goal to reduce U.S. debt service costs by forcing other countries to exchange existing U.S. bonds for 100-year, low- or no-interest bonds. “This is such an unprecedented idea. This is, in my opinion, the most kind of fantastical part of this,” says Daniel McDowell, Maxwell Advisory Board Professor of International Affairs.
See related: Economic Policy, Federal, International Affairs, Trade, U.S. Foreign Policy, United States
As Trump's Budget Bill Moves Ahead in the House, Reeher Discusses What’s Next With LiveNOW from FOX
“The strategy is going to be walking a tight rope. You've got folks in the Freedom Caucus on the Republican Party in the House that want deeper cuts and more reassurances that these cuts are actually going to happen. And you've got moderate Republicans in the Senate that are worried about those cuts,” says Grant Reeher, professor of political science.
See related: Congress, Economic Policy, Political Parties, Taxation, United States
Lovely Speaks to China Daily About the Impact of President Trump’s Tariffs
“In some sectors, tariffs create no new jobs in the U.S., as trade is diverted to third countries rather than inducing new domestic production,” says Mary Lovely, professor emerita of economics.
See related: Canada, China, Federal, International Affairs, Latin America & the Caribbean, Tariffs, Trade, United States
Monarch Speaks With Newsweek and NY Post About Trump’s Tariffs, Rising Prices
See related: Federal, International Affairs, Tariffs, Trade, United States
McDowell Article on Trump Administration’s ‘Mar-a-Lago Accord’ Published by Atlantic Council
“The public is not enthusiastic about a depreciating currency, even if that means more exports. This implies that a core component of a Mar-a-Lago Accord—a sustained weakening of the dollar—could pose political risks for Trump,” writes Professor of Political Science Daniel McDowell and his co-author, David Steinberg.
See related: Economic Policy, Federal, International Affairs, Trade, United States
Cohen Quoted in the Guardian and USA Today Articles About Trump’s Tariffs
“The U.S. has long used tariffs to collect revenue, aid manufacturing and exert power,” says Andrew Cohen, professor of history. “But I can’t think of a trade war initiated so randomly in a time of peace and prosperity.”
See related: Federal, International Affairs, Tariffs, United States
Reeher Speaks With WXXI News About Meeting Between President Trump and NY Gov. Hochul
“She's playing the game a little bit differently—the resistance game,” says Grant Reeher, professor of political science. “She doesn't want to be seen to be an ally of Donald Trump and his administration,” he says. “She also has to worry about her left flank and being seen as too liberal.”
See related: Energy, Federal, Infrastructure, New York State, State & Local, Tariffs, U.S. Immigration