Filtered by: Trade
Lovely comments on auto trade under Biden presidency in CNBC article
"On automotive trade, I don’t think you’re going to see Biden making much of a move," says Professor of Economics Mary Lovely. "There’s no way, especially with the labor support Biden has, he’s going to change that."
See related: Economic Policy, Trade, U.S. Elections, United States
Lovely speaks to South China Morning Post about the future of trade, CPTPP
"The Trumpers have this idea that we‘re going to bring supply chains back home, and that is not going to happen, so where are we going?" Many Americans "don’t want to deal with a communist country that they don’t understand, with human rights positions they don’t approve of, to put it mildly," says Mary Lovely, professor of economics.
See related: China, Economic Policy, Trade, U.S. Elections, United States
Lovely speaks to BNN Bloomberg, Politico about Trump's use of tariffs
"Short-term fixes like tariffs don’t work," says Professor Mary Lovely. She claims that the large U.S. trade deficit is fundamentally driven by larger economic factors—like the fact Americans spend more than they save and have to borrow from abroad to finance the difference.
See related: Economic Policy, Federal Government, Tariffs, Trade, United States
Lovely quoted in Washington Times article on Trump, Biden and trade
"I would just say an important difference between Biden and Trump, when the smoke clears, is that Biden wants to work with the allies," says Professor of Economics Mary Lovely.
See related: Political Parties, Trade, U.S. Elections, United States
Lovely quoted in Reuters article on how Biden will handle tariffs
"It’s unclear how [President Biden] will balance these different competing forces," says Professor of Economics Mary Lovely, about the different parties with a vested interest in Trump's China tariffs, such as labor unions, farmers and climate activists.
See related: Economic Policy, Federal Government, Tariffs, Trade, United States
Lovely weighs in on China's purchase targets, trade deal in Washington Post
"Even if they buy huge amounts, they’re not going to be on target," says Professor Mary Lovely about U.S. exports to China.
Lovely weighs in on postponed review of US-China trade deal in Reuters
"I think Trump is a little afraid that this triumph of his will be hung around his neck, but more purchases and a bit of a delay would clearly help," says Mary Lovely, professor of economics.
See related: China, Trade, United States
Lovely speaks to Reuters, Yahoo Finance, Bloomberg about USMCA, China
"The champagne isn’t quite as fizzy as we might have expected—even under the best of circumstances—and there’s trouble coming from all sides," says Professor of Economics Mary Lovely. She adds, "this could be a trade agreement that quickly ends up in dispute and higher trade barriers."
See related: Canada, Economic Policy, International Agreements, Latin America & the Caribbean, Trade, United States
Mitra discusses what India needs to do to attract global supply chains in Economic Times
"Attracting GSCs to India is actually very hard work, without having any attractive catchphrase. There is no strategy other than considerable additional investment and effort into infrastructure and skill-building, tackling power bottlenecks, reforms in labour and land regulations and keeping protectionist forces at bay," writes Devashish Mitra, professor of economics and Gerald B. and Daphna Cramer Professor of Global Affairs.
See related: China, Economic Policy, India, International Agreements, Trade, United States
Lovely discusses Trump's Hong Kong policy in CNN article
"Walking away from situations that challenge U.S. interests, as Trump has done with Hong Kong, only to hide behind a wall of ever higher barriers, will only serve to leave China unchecked and America increasingly alone," writes Professor Mary Lovely.
See related: China, Economic Policy, Trade, United States
Lovely comments on the future of the US-China trade deal in South China Morning Post
"The priority the two sides are placing on the deal is not so much a way to repair damage as it is to not cause further damage," says Professor of Economics Mary Lovely. "If the U.S. announces the deal is dead, Trump is locked into some kind of retaliation."
See related: China, Economic Policy, Trade, United States
Lovely weighs in on US-China trade deal targets, tensions on NPR
Professor of Economics Mary Lovely says targets for exports of farm goods, factory products, and crude oil were always going to be a stretch, and that the coronavirus pandemic has made things worse.
See related: China, Economic Policy, Trade, United States
Lovely discusses COVID-19 impact on US-China trade deal in Wall Street Journal
Meeting the terms of the ["Phase One" trade] deal could now rely on the state’s willingness to step in and make the purchases instead of the private sector, says Mary Lovely, professor of economics. "There are going to be a lot of businesses in China that are not going to survive this," she says, referring to the lockdowns associated with the coronavirus.
See related: China, COVID-19, Economic Policy, Trade, United States
Lovely quoted in Huffington Post article on red flag in US-China trade deal
See related: China, Economic Policy, Trade, United States
Steinberg weighs in on rolling back tariffs during pandemic in South China Morning Post
A tariff rollback to encourage cooperation with China "would make sense, but I don't think it will work if the framework is, we're suspending them till January, while we try to get [the two economies stabilised], and then we're going to put them back in again," says University Professor James Steinberg.
See related: China, COVID-19, Economic Policy, Tariffs, Trade, United States
Lovely quoted in Washington Times article on US-China trade deal
"There’s a real question as to the economic capacity in both countries [right now]," says Mary Lovely, professor of economics, adding that "it’s hopeful that the officials are saying that they still intend to meet these obligations."
See related: China, COVID-19, Economic Policy, Trade, United States
Lovely talks to Marketplace about the impact of US suspending tariffs
See related: Economic Policy, Tariffs, Trade, United States
Lovely comments on future of US-China trade deal in Washington Post
See related: China, COVID-19, Economic Policy, New York State, Trade, U.S. Elections
Lovely speaks with Axios about US agriculture sector, tariffs
"Most observers believed that the agriculture sector was hurt and would need an extraordinary year to make up for that. I don’t think they’re going to see it," says Mary Lovely, professor of economics.
See related: Agriculture, COVID-19, Economic Policy, Tariffs, Trade, United States
Lovely discusses US annual trade deficit with Bloomberg, Politico
"Everything the president has done has shown that the advice of more traditional economists has actually been very solid—so we don’t see the trade deficit closing as a result," says Mary Lovely, professor of economics.
See related: Economic Policy, Trade, United States