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Filtered by: Trade

Gueorguiev comments on US-China trade talks, Huawei in Washington Examiner

"If differentiating the Huawei issue into trade and security strands makes it politically more palatable for the Trump administration to make a limited deal that lifts the ban on non-security related Huawei transactions, it is hard to see what the Chinese side stands to gain from not playing along," says Dimitar Gueorguiev, assistant professor of political science.

September 17, 2019

Lovely discusses US-China trade war with Business Insider, Marketplace

"Higher taxes on these goods are likely to be highly regressive, in that lower and middle class Americans spend a higher portion of their income on these Chinese imports than do higher income Americans," says Mary Lovely, professor of economics.

September 6, 2019

Lovely discusses the US-China trade war with Insider, Bloomberg

Mary Lovely discusses the uncertainty of US-China trade relationships, as the trade war between the two nations and the economic uncertainty has become a "dead weight on the economy", Lovely tells Bloomberg and Business Insider.
August 29, 2019

Lovely discusses costs of US-China trade war on Knowledge@Wharton

"We’re going to see permanently higher prices because the system as a whole will be less efficient," says Professor of Economics Mary Lovely. "President Trump’s actions are cementing firms’ view that this is going to go on for a long time."

August 14, 2019

Lovely comments on widening US-China trade gap on NPR

"I think whatever jobs are created by President Trump's war on global supply chains are going to be dwarfed by losses in the U.S. export sectors," says Mary Lovely, professor of economics.

July 15, 2019

Lovely discusses trade war, tariffs on Mexico with Agence France-Presse, Bloomberg, NY Times

"This is really going to hurt American businesses who use Mexico to reduce their costs and stay competitive," Mary Lovely, professor of economics, told Bloomberg after President Trump announced that all products from Mexico will be hit with 25 percent tariffs.

June 3, 2019

Lovely speaks with Associated Press, NPR, NY Times about the US-China trade war

"It looks like there was a level of specificity that China wasn’t willing to accept and a level of ambiguity that the Trump administration wasn’t willing to accept," Mary Lovely, professor emerita of economics, told the New York Times.

May 15, 2019

Lovely discusses US-China trade war with ABC News, Marketplace, Wall Street Journal

"I think that if President Trump goes through and raises these tariffs and then China retaliates, there will be a lot more pain and no gain," says Professor of Economics Mary Lovely.

May 13, 2019

Lovely discusses US-China trade, tariffs on Bloomberg, CGTN

"It’ll hit the pocketbooks of the working class hard," Professor Mary Lovely said about Trump's recent trade-war threat to increase tariffs.

May 8, 2019

US and China resume trade talks, Lovely comments in Associated Press

"The two bullies in the room are basically running the show. The rest of the world is going to have to deal with the aftermath," says Mary Lovely, professor of economics.

April 30, 2019

Lovely provides an economic history of tariffs on Marketplace

"The economy has changed a lot since 1888 and in particular, when we think about who bears the burden of tariffs, we have to recognize the development of very complex supply chains for American companies," says Professor of Economics Mary Lovely. 

February 13, 2019

Mitra discusses tariff retaliation by India in Livemint article

Devashish Mitra, professor of economics and Gerald B. and Daphna Cramer Professor of Global Affairs, says, "any tariff increase will come at a huge cost to India’s consumers as well as producers who use imported inputs."

September 25, 2018

Lovely discusses tariffs with the Economist, Wall Street Journal

"The first few rounds of tariffs hit supply chains really hard," says Mary Lovely, professor of economics. Now, the Trump administration "has begun to hit things clearly not processed in the U.S.—consumer goods—and this is going to get people’s attention."

September 12, 2018

Lovely discusses winners and losers of steel tariffs on NPR

"The companies that use steel, like aluminum can manufacturers, or companies that make steel vats for pharmaceuticals or the dairy industry, they're going to be hurt by this," says Mary Lovely, professor of economics.

August 14, 2018

Lovely discusses impact of tariffs on US businesses on NPR

Mary Lovely, professor of economics, says that after two rounds of retaliatory tariffs by China, U.S. ham and various other pork products now face massive tariffs—between 62 and 70 percent. "In recent weeks, the U.S. Department of Agriculture has reported zero weekly export sales of pork to China," she says. "So our exports to the country have pretty much collapsed."

July 25, 2018

Lovely discusses US-China tariffs in Associated Press, Atlantic, Wash Post, Wall Street Journal

Mary Lovely, professor of economics, explains why lower-income consumers, who tend to buy more goods from countries such as China, might end up feeling squeezed more than their higher-income counterparts.

July 19, 2018

Lovely weighs in on Harley-Davidson, tariffs in AP, Reuters, NBC

"More firms will follow Harley’s lead and move production overseas," says Mary Lovely, professor of economics. "Can’t blame them. Many companies are being put in very difficult positions." 

June 27, 2018

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