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In the News: Ryan Monarch

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. 

March 7, 2025

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. 

February 27, 2025

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.

February 17, 2025

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.

February 4, 2025

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.

December 27, 2024

Rising Import Tariffs, Falling Exports: When Modern Supply Chains Meet Old-Style Protectionism

Kyle Handley, Fariha Kamal, Ryan Monarch

Assistant Professor of Economics Ryan Monarch and co-authors examine the impacts of the 2018–2019 U.S. import tariff increases on U.S. exports through the lens of supply chain linkages. Published in American Economic Journal: Applied Economics.

November 11, 2024

Supply Chain Adjustments to Tariff Shocks: Firm Trade Linkages in the 2018-2019 US Trade War

Kyle Handley, Fariha Kamal, Ryan Monarch

Using confidential trade data, Ryan Monarch and co-authors show primary drivers of the decline in U.S. imports of tariffed goods were firm exits, discontinued buyer-supplier relationships, and reduced importing entry. Published in Economics Letters.

October 9, 2024

Monarch Talks to Marketplace About US Dollar Movements, the Fed and International Trade

Ryan Monarch, assistant professor of economics, says imported products are going to go up a bit in price. “Whether we’re talking about furniture from China, or we’re talking about bananas from Colombia, or whatever, dollar movements are going to make those things more expensive in the medium run,” he says.

September 20, 2024

Monarch Discusses the Effects of Trump’s Presidential Economic Agenda in GOBankingRates Article

“These policies include mass deportation of undocumented immigrants and greatly reduced entry visas for working immigrants,” says Ryan Monarch, assistant professor of economics. “These policies would also lead to higher prices for everything from housing to groceries, as reduced labor supply in construction, agriculture and other sectors would lead to higher costs throughout the economy.“

July 18, 2024

Longevity and the Value of Trade Relationships

Ryan Monarch, Tim Schmidt-Eisenlohr

“Longevity and the Value of Trade Relationships,” co-authored by Assistant Professor of Economics Ryan Monarch, was published in the Journal of International Economics.

November 9, 2023

Maxwell Hosts Conference Focused on International Trade

The two-day event drew scholars from across the U.S. as well as Canada and England. 

October 24, 2023

Monarch Quoted in VOA Article on China’s Shift Towards High-End Manufacturing

Ryan Monarch, assistant professor of economics, says it would be more difficult for China's manufacturing industry to transition to the high-end amid deteriorating U.S.-China relations and the decoupling of business between the two countries.

March 16, 2023

See related: China, Economic Policy

Monarch Weighs in on the Future of China’s Global Manufacturing Dominance

Ryan Monarch, assistant professor of economics, was quoted in the International Business Times article, "COVID And The Russian-Ukraine War Could End China's Manufacturing Dominance."

July 19, 2022

See related: China, Labor, Russia, Ukraine

Maxwell School Announces New Chairs, Faculty

The Maxwell School welcomes several new faculty members and announces the appointment of four department chairs.
September 9, 2021
Communications and Media Relations Office
200 Eggers Hall