Maxwell School News and Commentary
Filtered by: Trade
Lovely weighs in on postponed review of US-China trade deal in Reuters
"I think Trump is a little afraid that this triumph of his will be hung around his neck, but more purchases and a bit of a delay would clearly help," says Mary Lovely, professor of economics.
See related: China, Trade, United States
Lovely speaks to Reuters, Yahoo Finance, Bloomberg about USMCA, China
"The champagne isn’t quite as fizzy as we might have expected—even under the best of circumstances—and there’s trouble coming from all sides," says Professor of Economics Mary Lovely. She adds, "this could be a trade agreement that quickly ends up in dispute and higher trade barriers."
See related: Canada, Economic Policy, International Agreements, Latin America & the Caribbean, Trade, United States
Mitra discusses what India needs to do to attract global supply chains in Economic Times
"Attracting GSCs to India is actually very hard work, without having any attractive catchphrase. There is no strategy other than considerable additional investment and effort into infrastructure and skill-building, tackling power bottlenecks, reforms in labour and land regulations and keeping protectionist forces at bay," writes Devashish Mitra, professor of economics and Gerald B. and Daphna Cramer Professor of Global Affairs.
See related: China, Economic Policy, India, International Agreements, Trade, United States
Lovely discusses Trump's Hong Kong policy in CNN article
"Walking away from situations that challenge U.S. interests, as Trump has done with Hong Kong, only to hide behind a wall of ever higher barriers, will only serve to leave China unchecked and America increasingly alone," writes Professor Mary Lovely.
See related: China, Economic Policy, Trade, United States
Lovely comments on the future of the US-China trade deal in South China Morning Post
"The priority the two sides are placing on the deal is not so much a way to repair damage as it is to not cause further damage," says Professor of Economics Mary Lovely. "If the U.S. announces the deal is dead, Trump is locked into some kind of retaliation."
See related: China, Economic Policy, Trade, United States
Lovely weighs in on US-China trade deal targets, tensions on NPR
Professor of Economics Mary Lovely says targets for exports of farm goods, factory products, and crude oil were always going to be a stretch, and that the coronavirus pandemic has made things worse.
See related: China, Economic Policy, Trade, United States
Lovely discusses COVID-19 impact on US-China trade deal in Wall Street Journal
Meeting the terms of the ["Phase One" trade] deal could now rely on the state’s willingness to step in and make the purchases instead of the private sector, says Mary Lovely, professor of economics. "There are going to be a lot of businesses in China that are not going to survive this," she says, referring to the lockdowns associated with the coronavirus.
See related: China, COVID-19, Economic Policy, Trade, United States
Lovely quoted in Huffington Post article on red flag in US-China trade deal
See related: China, Economic Policy, Trade, United States
Steinberg weighs in on rolling back tariffs during pandemic in South China Morning Post
A tariff rollback to encourage cooperation with China "would make sense, but I don't think it will work if the framework is, we're suspending them till January, while we try to get [the two economies stabilised], and then we're going to put them back in again," says University Professor James Steinberg.
See related: China, COVID-19, Economic Policy, Trade, United States
Lovely quoted in Washington Times article on US-China trade deal
"There’s a real question as to the economic capacity in both countries [right now]," says Mary Lovely, professor of economics, adding that "it’s hopeful that the officials are saying that they still intend to meet these obligations."
See related: China, COVID-19, Economic Policy, Trade, United States