Monarch Discusses Trump’s Proposed Changes to American Trade Policy in Directorship Magazine Article
“We know that President Trump is not afraid to have an actual trade war,” he continued. “We saw it in 2018 and 2019, where almost all goods coming from China were hit with the highest tariffs we've seen in almost 100 years. And those were very disruptive,” says Ryan Monarch, assistant professor of economics.
See related: Canada, China, Federal, International Affairs, Latin America & the Caribbean, Tariffs, Trade, United States
Lovely Quoted in China Daily Article on the Impact of Trump’s Tariffs on US Small Businesses
For the U.S., tariffs “can cause job loss in sectors that use imported intermediate and capital goods,” says Mary Lovely, professor emerita of economics.
See related: China, Federal, International Affairs, Tariffs, Trade, United States
Monarch Speaks With Newsweek About US tariffs and the Housing Market
Ryan Monarch, assistant professor of economics, says that it is “clear” tariffs on products like steel and aluminum will increase the cost of building housing and developments and, therefore, drive up the prices of housing in the U.S.
See related: Canada, Federal, Infrastructure, International Affairs, Latin America & the Caribbean, Tariffs, Trade, United States
Lovely Discusses Trump’s Arbitrary Trade Policy in New York Times Article
“What Mr. Trump is doing with tariffs is a result of a lost consensus about how the United States should interact with other countries in the global economy. He is stepping into that vacuum, filling it with the unrestrained and autocratic use of import taxes, moves that appear to be based on personal whim rather than on U.S. trade law,” says Mary Lovely, professor emerita of economics.
See related: Congress, Federal, International Affairs, Tariffs, Trade, United States
Monarch Discusses Trump’s Tariffs on Canada, Mexico and China in Newsweek and WAER Articles
In total, a 25 to 30 percent price increase would not be “outlandlish,” says Ryan Monarch, assistant professor of economics. “We should expect that those prices are going to go directly onto American buyers. Research has shown that Chinese suppliers pass on those prices completely,“ he says.
See related: Canada, China, Federal, International Affairs, Latin America & the Caribbean, Tariffs, Trade, United States
Yoonseok Lee Named Vice President of the Korea-America Economic Association
The organization promotes academic collaboration, research and dialogue in the field of economics.
See related: Awards & Honors, Promotions & Appointments
Mitra Article on Trump’s Tariffs and India’s Domestic Trade Policy Published on Moneycontrol.com
“What happens to U.S. trade policy in the end might not finally matter so much for India’s exports. India’s own policies and institutions might be the real binding constraints,” says Devashish Mitra, Gerald B. and Daphna Cramer Professor of Global Affairs.
See related: Economic Policy, Government, India, International Affairs, Tariffs, Trade
Research Studies by Engelhardt and Montez Cited in 2025 Economic Report of the President
Separate research studies by Professor of Economics Gary Engelhardt and University Professor Jennifer Karas Montez were referenced in Chapter 4 of the report, “Expanding and Strengthening U.S. Health Insurance Coverage.”
See related: Economic Policy, Federal, Health Insurance, U.S. Health Policy, United States
In Memoriam: B. Ben Baldanza
Baldanza, a longtime Maxwell supporter and innovative business leader who helped transform the airline industry, passed away on Nov. 5, 2024. He was 62.
See related: Giving, In Memoriam
Monarch Discusses US Exports, Tariffs and International Trade With Marketplace
Ryan Monarch, assistant professor of economics, says if more U.S. tariffs are imposed, he expects other countries will impose tariffs on our exports too, making them more expensive. And that means they might buy less of what we’re selling in the future.
See related: Federal, International Affairs, Tariffs, Trade, United States
Lovely Talks to Kotaku and Spectrum News About Trump’s Tariffs
“We’re going to see an impact on both import flows and export flows,” says Mary Lovely, professor emeritus of economics. “For consumers, we’re going to see higher prices. Many people are predicting about a one-percentage point increase on the inflation rate.”
See related: China, Federal, International Affairs, Tariffs, Trade, United States
Driving Under the Influence of Allergies: The Effect of Seasonal Pollen on Traffic Fatalities
In this study, Associate Professor of Economics Monica Deza and her co-author find evidence that a prevalent and transitory exogenous health-shock, namely pollen allergies, increases traffic fatalities. Published in the Journal of Health Economics.
See related: Infrastructure, United States, Urban Issues
Heterogeneous Capital Ownership, Partial Democracy and Political Support for Immigration
Co-authored by Professor of Economics Devashish Mitra, the paper was published in Economics Bulletin.
See related: Elections, Government
Lovely Weighs In on How Trump's Proposed Tariffs Will Impact US Consumers in China Daily Article
The new duties also could mean “a household with median income is projected to pay $1,700 more each year in import taxes,” says Mary Lovely, professor emerita of economics.
See related: China, Federal, International Affairs, Tariffs, Trade, United States
’CUSE50 Honoree Guided by ‘Integrity, Service and Making a Positive Impact’
Ron Balchandani’s investment firm has been recognized as one of the 50 fastest-growing businesses owned or led by Syracuse alumni.
See related: Awards & Honors
Rising Import Tariffs, Falling Exports: When Modern Supply Chains Meet Old-Style Protectionism
Assistant Professor of Economics Ryan Monarch and co-authors examine the impacts of the 2018–2019 U.S. import tariff increases on U.S. exports through the lens of supply chain linkages. Published in American Economic Journal: Applied Economics.
See related: International Affairs, Tariffs, Trade, United States
Maxwell Honors 9 Students with Centennial Scholar Awards
The undergraduate and graduate students received the recognition at the school’s Syracuse Centennial Celebration.
See related: Academic Scholarships, Awards & Honors, Centennial, School History, Study Abroad
Inefficient Concessions and Mediation
Associate Professor of Economics Kristy Buzard and her co-author open up a new rationale for mediation: to increase the efficiency of signaling in a preliminary round of negotiations and to overcome the concern that concessions could be used against the giver in the future. Published in the Quarterly Journal of Political Science.
See related: Conflict, International Affairs, Research Methods
Supply Chain Adjustments to Tariff Shocks: Firm Trade Linkages in the 2018-2019 US Trade War
Using confidential trade data, Ryan Monarch and co-authors show primary drivers of the decline in U.S. imports of tariffed goods were firm exits, discontinued buyer-supplier relationships, and reduced importing entry. Published in Economics Letters.
See related: International Affairs, Tariffs, Trade, United States
Centennial Celebration Honors Alumni, Students, Staff and Faculty for a ‘Century of Service’
The Maxwell School’s 100th anniversary celebration will be held on Oct. 18 in Goldstein Auditorium.
See related: Academic Scholarships, Awards & Honors, Centennial, School History