Maxwell School News and Commentary
Filtered by: Tariffs
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
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
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
On Terms of Trade, Offshoring Ties, and the Enforcement of Trade Agreements
Co-authored by Professor of Economics Devashish Mitra, the study was published in the Journal of Economic Behavior & Organization.
Mitra Quoted in New York Times Article on the US’s Relationship With India
“Right now, India feels that the U.S. is not a very reliable partner,” says Devashish Mitra, Gerald B. and Daphna Cramer Professor of Global Affairs. “They thought the U.S. was an ally. If India is moving towards China, it’s a friendship of convenience.”
See related: China, Federal, India, International Affairs, Russia, Tariffs, Trade, United States
Mitra Speaks With NPR and Reuters About Trump's High Tariffs on Indian Goods
“In the situation and climate President Trump has created, it won’t be surprising if both India and China find this a mutually beneficial transaction,” says Devashish Mitra, Gerald B. and Daphna Cramer Professor of Global Affairs.
See related: China, Federal, India, International Affairs, Tariffs, Trade, United States