Maxwell School News and Commentary
Filtered by: China
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 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
Gueorguiev Quoted in CNN Business Article on China Selling TikTok to Elon Musk
Musk’s “significant financial resources, established business ties in China through Tesla, and prominence in the social media industry via X make him a potential candidate for brokering a deal acceptable to multiple stakeholders,” says Dimitar Gueorguiev, associate professor of political science.
See related: China, Government, Media & Journalism, SCOTUS, U.S. National Security, United States
Lovely Talks to Kotaku and Spectrum News About Trump’s Tariffs
“We’re going to see an impact on both import flows and export flows,” says Mary Lovely, professor emeritus of economics. “For consumers, we’re going to see higher prices. Many people are predicting about a one-percentage point increase on the inflation rate.”
See related: China, Federal, International Affairs, Tariffs, Trade, United States
Yingyi Ma Cited in Nature Article on the Future of Science in the US
Although Chinese-student enrollment at U.S. universities has rebounded since the pandemic, China’s best and brightest might be shying away, says Yingyi Ma, professor of sociology. Soaring anti-China rhetoric probably plays a part, she says, but so do expanding opportunities for Chinese graduate students at home, and the growing challenges to obtain work visas.
See related: China, Education, Government, International Affairs
Silverstein Talks to NPR About China’s Economy Adapting to Serve the Aging Population
Professor of Sociology Merril Silverstein, who studies how infrastructure development is increasingly geared towards an older society in China, says, “Those in more developed villages have less aging anxiety about whether their needs will be met, whether they'll be, you know, happy or not as they get older.”
See related: Aging, China, Economic Policy
Lovely Weighs In on How Trump's Proposed Tariffs Will Impact US Consumers in China Daily Article
The new duties also could mean “a household with median income is projected to pay $1,700 more each year in import taxes,” says Mary Lovely, professor emerita of economics.
See related: China, Federal, International Affairs, Tariffs, Trade, United States
McDowell Explains How US Sanctions Boost China’s Cross-Border Currency Use in The Diplomat Article
“By growing the use of the RMB in cross-border trade settlement directly between China and Russia, U.S. financial sanctions cut targeted actors off from using the dollar system, which forces targets into alternative currencies that are exchanged outside of the U.S. financial system,” says Daniel McDowell, professor of political science.
See related: China, Economic Policy, Government, U.S. Foreign Policy
Patel and McDowell Discuss Trump’s Plan to Impose Tariffs on Countries That Start Wars in The Hill
“The cost to the private sector is quite high,” says Kristen Patel, professor of practice of policy studies. “Former President Trump has not coherently explained how tariffs would benefit us, companies and consumers.” Daniel McDowell, professor of political science, says, “The idea of using tariffs to deter countries from invading other countries, it’s pretty out there.”
See related: China, Government, International Affairs, Tariffs, Trade, U.S. Foreign Policy, U.S. National Security, United States