Maxwell School News and Commentary
Filtered by: Tariffs
Monarch Discusses the Effects of Trump’s Presidential Economic Agenda in GOBankingRates Article
“These policies include mass deportation of undocumented immigrants and greatly reduced entry visas for working immigrants,” says Ryan Monarch, assistant professor of economics. “These policies would also lead to higher prices for everything from housing to groceries, as reduced labor supply in construction, agriculture and other sectors would lead to higher costs throughout the economy.“
See related: Economic Policy, Federal, Income, Labor, Tariffs, Trade, U.S. Immigration, United States
Lovely speaks to BNN Bloomberg, Politico about Trump's use of tariffs
"Short-term fixes like tariffs don’t work," says Professor Mary Lovely. She claims that the large U.S. trade deficit is fundamentally driven by larger economic factors—like the fact Americans spend more than they save and have to borrow from abroad to finance the difference.
See related: Economic Policy, Federal, Tariffs, Trade, United States
Lovely quoted in Reuters article on how Biden will handle tariffs
"It’s unclear how [President Biden] will balance these different competing forces," says Professor of Economics Mary Lovely, about the different parties with a vested interest in Trump's China tariffs, such as labor unions, farmers and climate activists.
See related: Economic Policy, Federal, Tariffs, Trade, United States
Steinberg weighs in on rolling back tariffs during pandemic in South China Morning Post
A tariff rollback to encourage cooperation with China "would make sense, but I don't think it will work if the framework is, we're suspending them till January, while we try to get [the two economies stabilised], and then we're going to put them back in again," says University Professor James Steinberg.
See related: China, COVID-19, Economic Policy, Tariffs, Trade, United States
Lovely talks to Marketplace about the impact of US suspending tariffs
See related: Economic Policy, Tariffs, Trade, United States
Lovely speaks with Axios about US agriculture sector, tariffs
"Most observers believed that the agriculture sector was hurt and would need an extraordinary year to make up for that. I don’t think they’re going to see it," says Mary Lovely, professor of economics.
See related: Agriculture, COVID-19, Economic Policy, Tariffs, Trade, United States
Lovely discusses the trade war, tariffs with Marketplace, PolitiFact
"When the price of these inputs go up, U.S. businesses find it harder to compete against non-U.S. competitors, even in the U.S. market," says Mary Lovely, professor of economics.
See related: China, Economic Policy, Tariffs, Trade, United States
Lovely discusses US-China tariff rollback in Associated Press, South China Morning Post
"We can be cautiously optimistic here,” Professor of Economics Mary Lovely says about potential tariff rollbacks. "The signals that are coming out are moving in the right direction for a deal."
See related: China, Economic Policy, Tariffs, Trade, United States
Lovely discusses impact of Trump's new tariffs in CNN op-ed
"This new bundle of taxes falls heavily on final goods, such as clothing, shoes, household goods and baby products. If the tariffs start on September 1, as suggested by the president's tweet, shoppers will see the impact immediately, as they begin their back-to-school shopping," writes Professor of Economics Mary Lovely.
See related: China, Federal, Tariffs, United States
Lovely discusses impact of Trump's tariff threats in TIME
"We had the chance to bring some people back into the workforce who had really been hurt under the recession. And I’m worried that’s going to be jeopardized before those people have a chance to get a full-time job," says Mary Lovely, professor of economics.
See related: Economic Policy, Labor, Latin America & the Caribbean, Tariffs, United States