Maxwell School News and Commentary
Filtered by: Economic Policy
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."
See related: China, Economic Policy, Trade, United States
Lovely discusses impact of Trump's new tariffs in CNN op-ed
"This new bundle of taxes falls heavily on final goods, such as clothing, shoes, household goods and baby products. If the tariffs start on September 1, as suggested by the president's tweet, shoppers will see the impact immediately, as they begin their back-to-school shopping," writes Professor of Economics Mary Lovely.
See related: China, Federal, Taxation, United States
Lovely quoted in Christian Science Monitor article on recession fears
Fears of recession are growing, especially in the business community, and the question is whether that uncertainty will spread to consumers. "We won’t see that until we start to see a real slowdown in hiring," says Professor of Economics Mary Lovely.
See related: Economic Policy, Federal, United States
Lovely weighs in on slowdown of China's economic growth in Associated Press
Slowing demand in China could depress their revenue, earnings and stock market value, says Mary Lovely, professor of economics. "President Trump is probably happy that he’s starting to tank the Chinese economy," Lovely says. "But it’s a case of ‘be careful what you wish for.’"
See related: China, Economic Policy, United States
Zoli discusses economic warfare with Iran in WAER article
"In a war, you can hurt certain areas of a country, but you usually don't grenade the entire economy. Whereas with economic warfare, you truly can," says Corri Zoli, director of research in the Institute for National Security and Counterterrorism.
See related: Economic Policy, Middle East & North Africa, National Security
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.
See related: China, Economic Policy, Trade, United States
Reeher quoted in Press-Republican article on NY, Trump's tax returns
Grant Reeher, professor of political science and director of the Campbell Public Affairs Institute, says that Governor Cuomo's signing of new legislation that allows Congressional committees to acquire President Trump's New York tax filings "represents a new escalation in the level of political polarization that we're seeing."
See related: Congress, Political Parties, State & Local, Taxation, United States
Lovely discusses possible outcomes of Trump-Xi meeting on Bloomberg
"We're looking at politics here so he [President Trump] may be looking for some gigantic sign that he has won, that he as somehow brought the Chinese to the table in a way that no one else could," says Mary Lovely, professor of economics. "And I think that's where the danger lies because that's what the Chinese are not going to want to give him."
See related: China, Economic Policy, Federal, Government, United States
Taylor discusses Putinism on CNAS podcast
See related: Economic Policy, Government, Russia
Lovely comments on multilateral trade, G20 summit in Japan Times
See related: Economic Policy, Political Parties, Trade, United States