Maxwell School News and Commentary
Filtered by: Trade
Lovely interviewed by CBS News on the US-China trade deal
"Even with the enormous emphasis President Trump places on restarting U.S. agricultural exports to China, details about the pace of expected Chinese purchases of $40 billion to $50 billion of American farm products are murky," says Mary Lovely, professor of economics.
See related: China, Economic Policy, International Agreements, Trade, United States
Lovely discusses the latest in US-China trade talks with Business Insider, NPR, The Week
"We have to remember that every other country in the world will be doing business with China. That puts our companies at a severe disadvantage in doing business," says Mary Lovely, professor of economics.
See related: China, Economic Policy, Trade, United States
Lovely discusses US, China with CNBC, Foreign Policy, Bloomberg, Business Insider, Financial Times
“The Chinese meanwhile are incredibly pragmatic, and they’ll certainly consider the possibility that the impeachment inquiry is having an effect. They’ll see the president as weakened. That will matter," says Professor of Economics Mary Lovely.
See related: China, Economic Policy, Trade, United States
Lovely quoted in Business Insider article on service-sector activity
"We can see that service jobs are put at risk when President Trump launches a trade war," says Professor of Economics Mary Lovely. "Many service jobs depend on trade, not just because we export services directly but also because services go into export production."
See related: Federal, Labor, Trade, United States
Lovely quoted in McClatchy article on impact of USMCA on auto prices
Mary Lovely, professor of economics, says "the effect of the agreement is going to be swamped by whatever happens next with the economy," about the trade deal.
See related: Canada, Economic Policy, Latin America & the Caribbean, Trade, United States
Gueorguiev comments on US-China trade talks, Huawei in Washington Examiner
"If differentiating the Huawei issue into trade and security strands makes it politically more palatable for the Trump administration to make a limited deal that lifts the ban on non-security related Huawei transactions, it is hard to see what the Chinese side stands to gain from not playing along," says Dimitar Gueorguiev, assistant professor of political science.
See related: China, Economic Policy, Trade, United States
Lovely discusses US-China trade war with Business Insider, Marketplace
"Higher taxes on these goods are likely to be highly regressive, in that lower and middle class Americans spend a higher portion of their income on these Chinese imports than do higher income Americans," says Mary Lovely, professor of economics.
See related: China, Economic Policy, Trade, United States
Lovely discusses the US-China trade war with Insider, Bloomberg
See related: China, Economic Policy, Trade, United States
Lovely discusses costs of US-China trade war on Knowledge@Wharton
"We’re going to see permanently higher prices because the system as a whole will be less efficient," says Professor of Economics Mary Lovely. "President Trump’s actions are cementing firms’ view that this is going to go on for a long time."
See related: China, Economic Policy, Trade, United States
Lovely comments on widening US-China trade gap on NPR
"I think whatever jobs are created by President Trump's war on global supply chains are going to be dwarfed by losses in the U.S. export sectors," says Mary Lovely, professor of economics.
See related: China, Economic Policy, Trade, United States