Filtered by: Trade
McDowell Speaks With the AP and The World About the Value of Gold, US Trade Partners and the Dollar
There’s been “a real rupture in the way we think about how the world order, if we want to call it that, functions,” says Daniel McDowell, Maxwell Advisory Board Professor of International Affairs. In moments of instability, he explains, buying gold has historically been a sort of “psychological reaction” for some hoping to find a safe place for their money.
See related: Economic Policy, Federal, International Affairs, Trade, United States
Mitra Article on Trump’s 2025 Trade Policy Published on Moneycontrol.com
“Completely ignored was the basic economics of trade deficits and surpluses, which says that trade balances are governed not really by trade policies but by macroeconomic conditions and policies,” says Devashish Mitra, professor of economics.
See related: Federal, International Affairs, Tariffs, Trade, United States
Mitra Quoted in LA Times Article on Costco Suing the Trump Administration to Reclaim Tariff Payments
“Whether Costco is successful through its lawsuit in getting compensated for the tariffs that it has already paid on its imports really depends on the Supreme Court’s decision on whether the president has the legal authority to impose tariffs,” says Devashish Mitra, professor of economics.
See related: Federal, International Affairs, SCOTUS, Tariffs, Trade, United States
Monarch Talks to Marketplace About Import Prices and Inflation
Import prices directly affect consumers, said Ryan Monarch, associate professor of economics. “Ten percent of all their expenditures are on imported products. And so sometimes import prices will be something that is moving overall inflation numbers around,” he told Marketplace.
See related: Federal, Tariffs, Trade, United States
Mitra Quoted in Wall Street Journal Article on Trump’s Trade War, Consumer Spending Habits
“Whether or not people will keep buying as much stuff is very hard to predict,” says Devashish Mitra, professor of economics. “Chinese goods might still be relatively cheaper than the alternatives.”
See related: Federal, Tariffs, Trade, United States
Faricy Quoted in Frankfurter Rundschau Article on Trump, US Economy
In order to persuade Trump's loyal MAGA camp to critically question the economy, the country would have to fall into a deep, prolonged recession, according to Christopher Faricy, associate professor of political science. In addition, there is a need for “more uniform reporting” in the media, which attributes the economic crisis to Trump's policies, he says.
See related: Economic Policy, Federal, Political Parties, Tariffs, Trade, U.S. Elections, United States
Monarch Speaks With the National News Desk About US-China 'Framework' Trade Agreement
“We're on an upward tide in relations for right now, but in general in the long term, I would expect this kind of ratcheting up and down to continue,” says Ryan Monarch, associate professor of economics.
See related: China, International Affairs, International Agreements, Tariffs, Trade, United States
Dynamic Sustainability Lab Collaborates With Thomson Reuters to Build Expertise and Opportunity
The relationship began as a study of forced labor in global supply chains by Heather Panton, a Thomson Reuters executive and Maxwell graduate student.
See related: Alumni Experience, Labor, Student Experience, Sustainability, Trade
Mitra Quoted in New York Times Article on the US’s Relationship With India
“Right now, India feels that the U.S. is not a very reliable partner,” says Devashish Mitra, Gerald B. and Daphna Cramer Professor of Global Affairs. “They thought the U.S. was an ally. If India is moving towards China, it’s a friendship of convenience.”
See related: China, Federal, India, International Affairs, Russia, Tariffs, Trade, United States
Mitra Speaks With NPR and Reuters About Trump's High Tariffs on Indian Goods
“In the situation and climate President Trump has created, it won’t be surprising if both India and China find this a mutually beneficial transaction,” says Devashish Mitra, Gerald B. and Daphna Cramer Professor of Global Affairs.
See related: China, Federal, India, International Affairs, Tariffs, Trade, United States
Mitra Weighs In on Trump’s Tariff Threats to India in The Guardian Article
“India did consider the U.S. an ally,” says Devashish Mitra, Gerald B. and Daphna Cramer Professor of Global Affairs. “It was a country that the U.S. was relying on as a counter to China in that region. So it had a huge geopolitical importance, but it doesn’t seem like Trump values any of that.”
See related: Federal, India, International Affairs, Tariffs, Trade, United States
Mitra Discusses Trump’s Import Tariffs in TIME Article
“The seductive rhetoric of Trump tariffs hides a combination of contradictions, wishful thinking, and superficial understanding of economics, which sells America a mirage and threatens to weaken the stability of the global trading system,” writes Devashish Mitra, professor of economics and Gerald B. and Daphna Cramer Professor of Global Affairs.
See related: Federal, International Affairs, Tariffs, Trade, 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
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.
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, International Affairs, Tariffs, Trade, United States
Gueorguiev and McFate Quoted in Radio Free Europe Article on China’s Control of Rare Earth Minerals
“What oil was to the 20th century, rare earth minerals are to the 21st,” says Sean McFate, adjunct professor in Maxwell's Washington programs. “Microchips, green technology, and quantum computing all require rare earths, and China has the bulk of them. It's a national security imperative that goes beyond the stock market.”
See related: China, Federal, International Affairs, Trade, United States
McDowell Discusses the Mar-a-Lago Accord and the US Dollar in Deutsche Welle Interview
Part of the Mar-a-Lago Accord is essentially the goal to reduce U.S. debt service costs by forcing other countries to exchange existing U.S. bonds for 100-year, low- or no-interest bonds. “This is such an unprecedented idea. This is, in my opinion, the most kind of fantastical part of this,” says Daniel McDowell, Maxwell Advisory Board Professor of International Affairs.
See related: Economic Policy, Federal, International Affairs, Trade, U.S. Foreign Policy, 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, 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, International Affairs, Tariffs, Trade, United States
McDowell Article on Trump Administration’s ‘Mar-a-Lago Accord’ Published by Atlantic Council
“The public is not enthusiastic about a depreciating currency, even if that means more exports. This implies that a core component of a Mar-a-Lago Accord—a sustained weakening of the dollar—could pose political risks for Trump,” writes Professor of Political Science Daniel McDowell and his co-author, David Steinberg.
See related: Economic Policy, Federal, International Affairs, Trade, United States