Maxwell School News and Commentary
Filtered by: Trade
Lovely discusses US trade ties with Asia-Pacific nations in Bloomberg
"The choice for Biden is clear," says Mary Lovely, professor of economics. "Return the U.S. to the Trans-Pacific Partnership to ensure access for U.S. companies."
See related: China, Economic Policy, Trade, United States
Lovely comments on auto trade under Biden presidency in CNBC article
"On automotive trade, I don’t think you’re going to see Biden making much of a move," says Professor of Economics Mary Lovely. "There’s no way, especially with the labor support Biden has, he’s going to change that."
See related: Economic Policy, Trade, U.S. Elections, United States
Lovely speaks to South China Morning Post about the future of trade, CPTPP
"The Trumpers have this idea that we‘re going to bring supply chains back home, and that is not going to happen, so where are we going?" Many Americans "don’t want to deal with a communist country that they don’t understand, with human rights positions they don’t approve of, to put it mildly," says Mary Lovely, professor of economics.
See related: China, Economic Policy, Trade, U.S. Elections, United States
Lovely speaks to BNN Bloomberg, Politico about Trump's use of tariffs
"Short-term fixes like tariffs don’t work," says Professor Mary Lovely. She claims that the large U.S. trade deficit is fundamentally driven by larger economic factors—like the fact Americans spend more than they save and have to borrow from abroad to finance the difference.
See related: Economic Policy, Federal, Trade, United States
Lovely quoted in Washington Times article on Trump, Biden and trade
"I would just say an important difference between Biden and Trump, when the smoke clears, is that Biden wants to work with the allies," says Professor of Economics Mary Lovely.
See related: Political Parties, Trade, U.S. Elections, United States
Lovely quoted in Reuters article on how Biden will handle tariffs
"It’s unclear how [President Biden] will balance these different competing forces," says Professor of Economics Mary Lovely, about the different parties with a vested interest in Trump's China tariffs, such as labor unions, farmers and climate activists.
See related: Economic Policy, Federal, Trade, United States
Lovely weighs in on China's purchase targets, trade deal in Washington Post
"Even if they buy huge amounts, they’re not going to be on target," says Professor Mary Lovely about U.S. exports to China.
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