Trump’s Tariffs: Issues and Implications

The Moynihan Institute's Trade, Development and Political Economy (TDPE) program series presents a panel discussion with Margarita Estevez-Abe, associate professor of political science and co-director of the Center for European Studies; Devashish Mitra, professor and chair of economics; and Ryan Monarch, assistant professor of economics and the director of TDPE. Kristen Patel, professor of practice, will chair this panel discussion.

On April 2, U.S. President Donald Trump announced the largest one-day tariff hike in at least 70 years. Stock markets around the globe plummeted. Other countries such as China have already begun to announce new tariffs in response.  This panel of Maxwell School experts breaks down what is happening and what the implications are for the U.S. and global economy. 

Ryan Monarch researches buyer-supplier relationships in international trade and how the recent tariff war affected U.S. exports and supply chains. He served as a principal economist for the International Finance division of the Board of Governors of the Federal Reserve from 2014-2021. His work has been published in the Review of Economics and Statistics, the Journal of International Economics and other publications.

Kristen (Kris) Patel a distinguished alumna of the Maxwell School (’90 B.A. (Econ/PSt) with more than 25 years of experience leading intelligence and analytics programs in the public and private sectors. She is the Donald P. and Margaret Curry Gregg Professor of Practice in Korean and East Asian Affairs. In her role, Patel serves as a faculty member in the Policy Studies Program and teaches undergraduate courses in policy studies and graduate courses in public administration and international affairs. In addition, Patel is a research associate in Maxwell’s Program for the Advancement of Research on Conflict and Collaboration (PARCC) and contributes to Syracuse University’s Intelligence Community Center of Academic Excellence.