In the News: Mary E. Lovely
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.
Top-Down Central Inspection and Subnational Discretion in Policymaking
“Top-Down Central Inspection and Subnational Discretion in Policymaking,” co-authored by Professors Yilin Hou and Mary Lovely, was published in Governance.
See related: China, Government
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
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, 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, International Affairs, Tariffs, Trade, United States
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, International Affairs, Tariffs, Trade, United States
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
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
Connected in the Capital: Washington, D.C., Is Home to a Vast Maxwell Network
See related: Government, Internships, Student Experience, Washington, D.C.
Lovely Speaks with The New York Times About US Manufacturing Jobs
Professor Emerita of Economics Mary Lovely was quoted in the New York Times article, "Factory Jobs Are Booming Like It’s the 1970s."
See related: China, COVID-19, Labor, United States
Lovely Comments on the Baby Formula Shortage in NPR Article
Professor Mary Lovely was quoted in the NPR article, "How the U.S. got into this baby formula mess."
See related: Government, United States
Lovely Quoted in Washington Post Article on Commerce Investigation into Asian Solar Panel Makers
Professor Mary Lovely was quoted in the Washington Post article, "White House alarmed that Commerce probe is ‘smothering’ solar industry."
See related: China, Federal, United States
Lovely Quoted in Christian Science Monitor Article on Ukraine Crisis, Globalization
Professor Mary Lovely was quoted in the Christian Science Monitor article "Retreat, not defeat: What Ukraine war means for globalization."
Lovely Speaks to CGTN and South China Morning Post About Efforts for a Phase 2 Trade Deal with China
Professor Mary Lovely was quoted in the China Global Television Network article "Are we on the precipice of another China-U.S. economic confrontation?" and the South China Morning Post article "US trade representative says efforts on a phase-two deal with China have faltered."
See related: China, Trade, United States
Lovely Weighs in on Economic Interconnectedness of Russia-China-US in NY Times, Washington Post
Professor Mary Lovely spoke with the New York Times, the Washington Examiner and the Washington Post about U.S. sanctions on Russia and the implications for Russia.
See related: China, Russia, Trade, Ukraine, United States
Lovely Discusses Impact of China’s COVID Lockdowns on Global Supply Chains in NY Times, VOA
Professor Mary Lovely weighed in the impact China's new COVID lockdowns will have on global supply chains in the New York Times and Voice of America articles.
Lovely Talks to CBS News, WPR About Businesses No Longer Doing Business in Russia
Professor Mary Lovely spoke to CBS News and Wisconsin Public Radio about businesses that have stopped doing business in Russia.
Lovely Weighs in on Russia’s Economic Reliance on China in Axios Article
Professor Mary Lovely was quoted in the Axios article, "Western sanctions tie Russia even tighter to China."
See related: China, Economic Policy, Russia, Trade