In the News: Mary E. Lovely
Lovely op-ed on restoring US manufacturing published in San Antonio Express-News
"To restore U.S. manufacturing jobs, we need to ask why production costs are higher here than abroad. We need to rebalance the costs and benefits to favor the U.S.," writes Mary Lovely, professor of economics. "To successfully manufacture in the U.S. and pay American wages, employers use advanced capital equipment."
See related: Economic Policy, Federal, 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 China Daily about US techno-nationalism
See related: China, Economic Policy, Foreign Policy, United States
Lovely weighs in on EU-China investment agreement in SCMP
"In short, the pandemic has led to greater fear of Chinese unfair practices, not less," says Mary Lovely, professor of economics.
See related: China, Europe, International Agreements
Lovely comments on Barr's speech on pro-China policies in Washington Post
See related: China, Economic Policy, U.S. Foreign Policy, 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
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 quoted in Sinclair Broadcast Group article on COVID-19, US manufacturing
Mary Lovely, professor of economics, believes maintaining a globalized economy is more sustainable for the countries involved than moving manufacturing to the United States unnecessarily.
See related: COVID-19, Economic Policy, 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
Lovely quoted in USA Today article on face mask imports from China
"Suppliers may not have been able to supply as much as was demanded because they needed to provide it to the local economy, and the Chinese factories were simply not operating," says Professor of Economics Mary Lovely. "Workers were not at work. They were at home. They were quarantined."
See related: China, COVID-19, Economic Policy
Lovely explains the economic impact of coronavirus on CGTN
"We're looking at a labor market catastrophe right now here in the United States," says Professor of Economics Mary Lovely. "What we seem to need right now is employment support to keep these people attached to their employers and able to get back to work relatively quickly when the economy comes back."
See related: COVID-19, Economic Policy, Labor, United States
Lovely op-ed on addressing economic impact of COVID-19 featured on CNN
"Tariff rollbacks signal a desire to reduce mounting U.S.-China trade tensions, offering a much-needed model of global cooperation at a time of shared crisis," writes Mary Lovely, professor of economics.
See related: China, COVID-19, Economic Policy, 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
Lovely talks to Marketplace about the impact of US suspending tariffs
See related: Economic Policy, Trade, United States
Lovely comments on future of US-China trade deal in Washington Post
See related: China, COVID-19, Economic Policy, New York State, Trade, U.S. Elections