Filtered by: Tariffs
Murrett Talks to Newsweek About Trump’s 50-Day Ceasefire Deadline for Russia
Vice Adm. Robert Murrett (Ret.), professor of practice of public administration and international affairs, says that since Trump's announcement, there is scant evidence that Putin and the Kremlin had modified their maximalist demands—for Ukrainian territory, disarmament and an absence of security guarantees.
See related: Conflict, Defense & Security, Federal Government, International Affairs, Russia, Tariffs, Ukraine, United States
Monarch Discusses the Dollar and Interest Rates With Newsweek
“Recent policies such as extremely high tariffs, increased government debt, and worries about inflation have all contributed to the falling dollar,” says Ryan Monarch, associate professor of economics.
See related: Federal Government, International Affairs, Labor, Tariffs, United States
Lovely Talks to China Daily About Tariffs and Consumer Spending
“The…taxes are economically significant…and regressive in the sense that they take a larger share of income from poorer households than richer households,” says Mary Lovely, professor emerita of economics.
See related: China, International Affairs, Tariffs, Trade, United States
Cohen Weighs In on US Tariffs on Secondhand Items in WIRED Article
Professor of History Andrew Wender Cohen says a reasonable approach would be to maintain tariffs on used items but at lower rates that would be commensurate with the risk posed to domestic manufacturing.
See related: Federal Government, International Affairs, Tariffs, United States
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 Government, 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.
See related: China, Federal Government, Labor, Tariffs, Trade, United States
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 Government, International Affairs, Tariffs, Trade, 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 Government, 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 Government, International Affairs, Tariffs, 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 Government, 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 Government, Infrastructure, New York State, State & Local Government, Tariffs, U.S. Immigration
Monarch Discusses the Impacts of Trump’s Tariffs in Newsweek and Nexstar Articles
Typically, a Republican presidency would be defined by a pro-business outlook that includes lower taxes and deregulation, which tend to boost investment in equities. Trump's tariffs, however, are a driving force in the other direction this time, says Ryan Monarch, assistant professor of economics.
See related: Canada, Federal Government, International Affairs, Tariffs, Trade, United States
Lovely Talks to NewsNation About Trump’s One-Month Tariff Exemption for US Automakers
“What we can say is that one month is not enough time to rearrange production networks which have served North America extremely well. We can't move assembly plants or manufacturing facilities for roof racks or catalytic converters or whole assembly plants from Mexico to the United States,” says Mary Lovely, professor emerita of economics.
See related: Canada, Federal Government, International Affairs, Latin America & the Caribbean, Tariffs, Trade, United States
Monarch Explains Tariffs and Their Implications on the Economy With The Motley Fool and Develop This
“Tariffs cause the price of affected goods to rise. In fact, research into the 2018-2019 trade war has shown that the prices of U.S. imported goods affected by tariffs rose by nearly the entire amount of tariffs imposed, meaning that U.S. importers bore the brunt of the increase in costs,” says Ryan Monarch, assistant professor of economics.
See related: Federal Government, International Affairs, Tariffs, Trade, United States
McCormick Discusses the Impact of Trump’s Tariffs on Mexico in Business Insider, NBC News Articles
“The consequences of pushing the Mexican economy into a forced and deep recession is that, if anything, it will actually make people have to resort to informal economic activity, which oftentimes is illicit,” says Gladys McCormick, Jay and Debe Moskowitz Endowed Chair in Mexico-U.S. Relations.
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 Government, 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 Government, 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.
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 Government, International Affairs, Tariffs, Trade, United States
Cohen Discusses How the US Has Used Tariffs Throughout History in CNBC Article
Before 1934, Congress—not presidents—had power over tariff rates and negotiations, says Andrew Wender Cohen, professor of history. But Democrats had an enormous majority around the New Deal era and passed the Reciprocal Trade Agreements Act of 1934, granting the president the right to negotiate tariffs in certain cases, Cohen says.
See related: Federal Government, International Affairs, Tariffs, Trade, United States