Filtered by: Trade
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
McDowell Contributes Chapter to Gates Forum Report on Economic Statecraft
“The Sources of American Financial Power and its Challengers,” written by Daniel McDowell, Maxwell Advisory Board Professor of International Affairs, was presented at the third annual forum, hosted by the Gates Global Policy Center in partnership with William & Mary’s Global Research Institute.
See related: Economic Policy, Federal, International Affairs, Trade, U.S. Foreign Policy, United States
McDowell Discusses Trump’s Plans to Maintain Dollar Dominance in BBC, Bloomberg, Wash Post Articles
“The idea that you’d use political coercion to bind countries, or bind market actors within countries, to use the currency is not how the dollar ascended to this place in the first place,” says Daniel McDowell, professor of political science. “If that’s what’s needed to maintain dollar dominance, that shows there’s a real fundamental problem with the economic appeal.”
See related: Federal, International Affairs, Tariffs, Trade, U.S. Foreign Policy, United States
Reeher Speaks With Fox News About Trump’s Proposed Tariffs for Mexico and Canada
“I think what he's putting out now, at this stage, could be seen as an attempt to nudge the behavior of both Mexico and Canada regarding the border and to engage in what is essentially financial saber rattling. But also, I wouldn't be surprised to see him follow through on this because he is a believer in tariffs,” says Grant Reeher, professor of political science.
See related: Canada, Federal, International Affairs, Latin America & the Caribbean, Tariffs, Trade, United States
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
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
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
Monarch Talks to Marketplace About US Dollar Movements, the Fed and International Trade
Ryan Monarch, assistant professor of economics, says imported products are going to go up a bit in price. “Whether we’re talking about furniture from China, or we’re talking about bananas from Colombia, or whatever, dollar movements are going to make those things more expensive in the medium run,” he says.
See related: Economic Policy, International Affairs, Trade, United States
Patel and McDowell Discuss Trump’s Plan to Impose Tariffs on Countries That Start Wars in The Hill
“The cost to the private sector is quite high,” says Kristen Patel, professor of practice of policy studies. “Former President Trump has not coherently explained how tariffs would benefit us, companies and consumers.” Daniel McDowell, professor of political science, says, “The idea of using tariffs to deter countries from invading other countries, it’s pretty out there.”
See related: China, Government, International Affairs, Tariffs, Trade, U.S. Foreign Policy, U.S. National Security, United States
Inventories, Input Costs, and Productivity Gains From Trade Liberalizations
“Inventories, Input Costs, and Productivity Gains From Trade Liberalizations,” co-authored by Assistant Professor of Economics Shafaat Yar Khan, was published in the International Economic Review.
See related: Economic Policy, International Affairs, Trade
McDowell Weighs In on China’s International Use of Renminbi in Financial Times Article
“I think it’s very unlikely that we’ll see China’s trade with the United States, with the European Union, moving into Chinese currency,” says Daniel McDowell, professor of political science.
See related: China, Economic Policy, Government, International Affairs, Trade
Mitra Speaks with Ideas of India Podcast on Economic Growth in India and Related Challenges
See related: Economic Policy, India, Infrastructure, Labor, Trade
Mitra Piece on India's Development Policy Challenge Published by the 1991 Project
“While it [India] has acquired some economic and political heft in global affairs on account of its large economy, it must rapidly raise the economic fortunes of the average Indian. Its current demographic situation makes this necessary. It is crucial that the country find productive employment for its young and rapidly expanding labor force in a way that fulfills the aspirations of these new workers,” writes Devashish Mitra, professor of economics.
See related: Economic Policy, India, Infrastructure, Labor, Trade
Monarch Discusses the Effects of Trump’s Presidential Economic Agenda in GOBankingRates Article
“These policies include mass deportation of undocumented immigrants and greatly reduced entry visas for working immigrants,” says Ryan Monarch, assistant professor of economics. “These policies would also lead to higher prices for everything from housing to groceries, as reduced labor supply in construction, agriculture and other sectors would lead to higher costs throughout the economy.“
See related: Economic Policy, Federal, Income, Labor, Tariffs, Trade, U.S. Immigration, United States
DeCorse Quoted in The Guardian Article on the First Archaeological Dig of São Tomé and Príncipe
See related: Africa (Sub-Saharan), Agriculture, Archaeology, Migration, Trade
How Bureaucrats Represent Economic Interests: Partisan Control over Trade Adjustment Assistance
“How Bureaucrats Represent Economic Interests: Partisan Control over Trade Adjustment Assistance,” authored by Assistant Professor of Political Science Minju KIM, was published in International Studies Quarterly.
See related: Federal, International Affairs, Trade, United States
Taking Stock of Trade Policy Uncertainty: Evidence From China’s Pre-WTO Accession
“Taking Stock of Trade Policy Uncertainty: Evidence From China’s Pre-WTO Accession,” co-authored by Assistant Professor of Economics Shafaat Yar Khan, was published in the Journal of International Economics.
See related: China, Economic Policy, International Affairs, Trade, United States
Electoral Rewards and Punishments for Trade Compensation
“Electoral Rewards and Punishments for Trade Compensation,” co-authored by Assistant Professor of Political Science Minju Kim, was published in World Politics.
See related: Government, Income, Trade, U.S. Elections, United States
Import Competition, Labor Market Regulations, and Firm Outsourcing
“Import Competition, Labor Market Regulations, and Firm Outsourcing,” co-authored by Professor of Economics Devashish Mitra, was published in the Journal of Development Economics.
See related: Economic Policy, India, Labor, Trade
Mitra Articles on India’s Labor Force Published in East Asia Forum and Economic Times
"The recent set of labour reforms are also an encouraging development. Numerous labour regulations have been consolidated into four codes, eliminating contradictions among them," writes Devashish Mitra, professor and chair of economics.
See related: Economic Policy, India, Labor, Trade