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.
Monarch Talks With the Associated Press, Splinter and Tax Chats Podcast About Trump’s Tariffs
“We don’t know what the U.S. is doing. We don’t know why they’re doing it, and they seem to revel in the fact that they’re causing trouble, economic pain and consternation all across Europe and the world,” says Ryan Monarch, assistant professor of economics.
See related: China, Federal, International Affairs, Tariffs, Trade, United States
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
Ryan Monarch Receives Moynihan Award for Teaching and Research
The assistant professor of economics will make remarks at the Maxwell School Graduate Convocation on Friday, May 9.
See related: Awards & Honors
Maxwell Faculty, Staff and Students to be Recognized at 2025 One University Awards Ceremony
The One University Awards Ceremony, an annual event to honor members of the Syracuse University community who are making a difference through academics, scholarship, creative work and dedicated service, will be held Friday, April 11, from 1 to 2:30 p.m. in Hendricks Chapel.
See related: Awards & Honors
Monarch Speaks With Newsweek and NY Post About Trump’s Tariffs, Rising Prices
See related: Federal, International Affairs, Tariffs, Trade, United States
Monarch Discusses the Impacts of Trump’s Tariffs in Newsweek and Nexstar Articles
Typically, a Republican presidency would be defined by a pro-business outlook that includes lower taxes and deregulation, which tend to boost investment in equities. Trump's tariffs, however, are a driving force in the other direction this time, says Ryan Monarch, assistant professor of economics.
See related: Canada, Federal, International Affairs, 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
Monarch Explains Tariffs and Their Implications on the Economy With The Motley Fool and Develop This
“Tariffs cause the price of affected goods to rise. In fact, research into the 2018-2019 trade war has shown that the prices of U.S. imported goods affected by tariffs rose by nearly the entire amount of tariffs imposed, meaning that U.S. importers bore the brunt of the increase in costs,” says Ryan Monarch, assistant professor of economics.
See related: Federal, International Affairs, Tariffs, Trade, United States
Monarch Discusses Trump’s Proposed Changes to American Trade Policy in Directorship Magazine Article
“We know that President Trump is not afraid to have an actual trade war,” he continued. “We saw it in 2018 and 2019, where almost all goods coming from China were hit with the highest tariffs we've seen in almost 100 years. And those were very disruptive,” says Ryan Monarch, assistant professor of economics.
See related: Canada, China, 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
Monarch Speaks With Newsweek About US tariffs and the Housing Market
Ryan Monarch, assistant professor of economics, says that it is “clear” tariffs on products like steel and aluminum will increase the cost of building housing and developments and, therefore, drive up the prices of housing in the U.S.
See related: Canada, Federal, Infrastructure, International Affairs, Latin America & the Caribbean, 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
Monarch Discusses Trump’s Tariffs on Canada, Mexico and China in Newsweek and WAER Articles
In total, a 25 to 30 percent price increase would not be “outlandlish,” says Ryan Monarch, assistant professor of economics. “We should expect that those prices are going to go directly onto American buyers. Research has shown that Chinese suppliers pass on those prices completely,“ he says.
See related: Canada, China, Federal, International Affairs, Latin America & the Caribbean, Tariffs, Trade, United States
Yoonseok Lee Named Vice President of the Korea-America Economic Association
The organization promotes academic collaboration, research and dialogue in the field of economics.
See related: Awards & Honors, Promotions & Appointments
Mitra Article on Trump’s Tariffs and India’s Domestic Trade Policy Published on Moneycontrol.com
“What happens to U.S. trade policy in the end might not finally matter so much for India’s exports. India’s own policies and institutions might be the real binding constraints,” says Devashish Mitra, Gerald B. and Daphna Cramer Professor of Global Affairs.
See related: Economic Policy, Government, India, International Affairs, Tariffs, Trade
Research Studies by Engelhardt and Montez Cited in 2025 Economic Report of the President
Separate research studies by Professor of Economics Gary Engelhardt and University Professor Jennifer Karas Montez were referenced in Chapter 4 of the report, “Expanding and Strengthening U.S. Health Insurance Coverage.”
See related: Economic Policy, Federal, Health Insurance, U.S. Health Policy, United States
In Memoriam: B. Ben Baldanza
Baldanza, a longtime Maxwell supporter and innovative business leader who helped transform the airline industry, passed away on Nov. 5, 2024. He was 62.
See related: Giving, In Memoriam
Monarch Discusses US Exports, Tariffs and International Trade With Marketplace
Ryan Monarch, assistant professor of economics, says if more U.S. tariffs are imposed, he expects other countries will impose tariffs on our exports too, making them more expensive. And that means they might buy less of what we’re selling in the future.
See related: Federal, International Affairs, Tariffs, Trade, United States