The Moynihan Institute's Trade\, Developmen t and Political Economy (TDPE) program series presents a panel discussion with \;Margarita Estevez-Abe\, associate professor of political s cience and co-director of the Center for European Studies\; Devashish Mitr a\, professor and chair of economics\; and \;Ryan Monarch\, a~~ssistant professor of economics and the director of TDPE. \;Kristen Pate l\, professor of practice\, will chair this panel discussion.~~

O n April 2\, U.S. President Donald Trump announced the largest one-day tari ff hike in at least 70 years. Stock markets around the globe plummeted. Ot her countries such as China have already begun to announce new tariffs in response. \; This panel of Maxwell School experts breaks down what is happening and what the implications are for the U.S. and global economy.&n bsp\;

Margarita Estévez-Abe specializes in the comparative political economy of advanced industrial countries wit h an interest in how political and economic institutions are constructed d ifferently across countries and their varying effects on politics and ordi nary people’s lives. She has taught courses on topics such as comparative politics\, comparative politics of gender\, comparative welfare states\, a nd democracy. Before joining Syracuse University\, she taught at Harvard U niversity.

Devashish Mitra’s research and teaching inter ests are in international trade\, political economy and development econom ics. More specifically\, he has worked on the role of politics in general and of interest groups in particular in the determination of trade policy\ ; and on the impact of trade on productivity growth and labor market outco mes. He is currently working on the impact of \; trade on employment\, unionization and informality\, as well as on the economics and politics o f populism. Mitra is also a commentator on Indian economic policy issues.< /span>

Ryan Monarch researches buyer-supplier relation ships in international trade and how the recent tariff war affected U.S. e xports and supply chains. He served as a principal economist for the Inter national Finance division of the Board of Governors of the Federal Reserve from 2014-2021. His work has been published in the Review of Economic s and Statistics\, the Journal of International Economics an d other publications.

Kristen (Kris) Patel \;a distingu ished alumna of the Maxwell School (’90 B.A. (Econ/PSt) with more than 25 years of experience leading intelligence and analytics programs in the pub lic and private sectors. She is the Donald P. and Margaret Curry Gregg Pro fessor of Practice in Korean and East Asian Affairs. In her role\, Patel s erves as a faculty member in the Policy Studies Program and teaches underg raduate courses in policy studies and graduate courses in public administr ation and international affairs. In addition\, Patel is a research associa te in Maxwell’s Program for the Advancement of Research on Conflict and Co llaboration (PARCC) and contributes to Syracuse University’s Intelligence Community Center of Academic Excellence.