Maxwell School News and Commentary
Filtered by: Economic Policy
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
Jiahuan Lu Weighs In on Challenges facing US-Based Charities in WalletHub Article
“As government—especially federal—support recedes, competition for philanthropic dollars and other revenue sources is likely to intensify significantly,” says Jiahuan Lu, associate professor of public administration and international affairs.
See related: Economic Policy, Government, United States
Estevez-Abe Speaks to Agence France Presse About Japan’s $135-Billion Stimulus Package
“We are already seeing the negative reactions from the market... Further depreciation of the yen will hit ordinary Japanese households with higher prices,” says Margarita Estevez-Abe, associate professor of political science.
See related: East Asia, Economic Policy, Government
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
Virtual Reality, Real Insight: VR Shows Economics Class the Realities of Developing Economies
Students in Andrew Jonelis’ Economics of Emerging Markets course have received an up-close view of markets thousands of miles away thanks to the Digital Scholarship Space.
See related: Economic Policy, Education, Housing, Infrastructure, Labor, Student Experience
Monarch Quoted in Newsweek Article on Trump’s Tariff Checks
Any funding not covered by what tariffs have raised would likely have to come through Congressional authorization, says Ryan Monarch, associate professor of economics. “It’s not something the president can just wave a magic wand and disperse the money as they see fit,” he says.
McCormick Piece on US-Mexico Relations, Tariffs and Drug Trafficking Published in The Hill
“The presence of U.S. troops in Mexico will severely and irreparably undermine [President of Mexico] Sheinbaum’s counter-narcotics policies, which are netting results. Crippling the Sheinbaum administration will give rise to an even bigger and stronger enemy south of the border,” writes Gladys McCormick, Jay and Debe Moskowitz Endowed Chair in Mexico-U.S. Relations.
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