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NAME:Roxbury Public Library
X-WR-CALNAME:Roxbury Public Library
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UID:3d50b96b-1187-4fe8-82bb-60153aa488b8
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DTSTAMP:20260719T085249Z
DTSTART;TZID=America/New_York:20250506T183000
DTEND;TZID=America/New_York:20250506T193000
SUMMARY:The Tangled Web of Tariffs
LOCATION:Roxbury Public Library\nRoxbury Public Library
X-APPLE-STRUCTURED-LOCATION;VALUE=URI;X-ADDRESS=Roxbury Public Library;X-A
 PPLE-RADIUS=10;X-TITLE=Roxbury Public Library:geo:40.8691069,-74.6385065
GEO:40.8691069;-74.6385065
DESCRIPTION:Tariffs are essentially a sales tax on imports. Historically\,
  the US has been reducing barriers to trade since 1934. Do today's tariffs
  encourage export companies to lower prices and reduce margins?\n.\nhttps:
 //roxburylibrary.libnet.info/event/13430990
X-ALT-DESC;FMTTYPE=text/html:<p>Tariffs are essentially a sales tax on imp
 orts.&nbsp\; Historically\, the US has been&nbsp\;reducing barriers to tra
 de since 1934. Tariff theory generally assumes that trade&nbsp\;barriers w
 ill lead to more domestic production\, though at higher prices for both th
 e&nbsp\;domestic and imported goods. In short\, inflation is one outcome. 
 There is a&nbsp\;wrinkle\, in that there can be an &ldquo\;optimal&rdquo\;
  level of tariffs\, where the exporting&nbsp\;company lowers its prices an
 d reduces its margins. This can occur for countries&nbsp\;which have buyin
 g power.&nbsp\; Timothy F. Kearney will discuss today&rsquo\;s blanket tar
 iffs\, and if they are &ldquo\;optimal&rdquo\;?</p>\n<p><strong>About the 
 Presenter:</strong> &nbsp\;Timothy F. Kearney\, PhD\, is the Director of t
 he MBA Program and Assistant Professor of the Business Department at Cente
 nary University.&nbsp\; In addition\, he is a North American Economics Con
 sultant for IDEAglobal\, Inc.&nbsp\; Active in the financial markets as a 
 macroeconomist\, market strategist\, portfolio manager and academic for ne
 arly 40 years\, Dr. Kearney began his career during the emerging market de
 bt crisis in the early 1980s\, covering Latin America and Eastern Europe f
 or Mellon Bank.&nbsp\; At Bear Stearns\, he co-led the #1 rated Institutio
 nal Investor Latin American Economic Research Team and was a contributing 
 member of the #1 rated US Economic team.&nbsp\; He was Emerging Market por
 tfolio manager with Prudential Investments during the Asian/Russian crises
  of the 1990s\, International Economist with Fidelity Investments during t
 he Mexican peso crisis\, Portfolio Manager with Lora Abbett during the Gre
 at Recession of 2007/2008.&nbsp\; He is also the former Chair of Business 
 at Misericordia University.&nbsp\; Dr. Kearney believes it is the role of 
 the strategist to understand past market and economic history\, analyze cu
 rrent developments and use those insights to guide future discussions.</p>
 \n<p>This program and all programs are made possible by the Friends of the
  Roxbury Public Library.&nbsp\; Register online or by calling the library 
 at (973) 584-2400.</p>\nhttps://roxburylibrary.libnet.info/event/13430990
URL;VALUE=URI:https://roxburylibrary.libnet.info/event/13430990
ATTACH:https://static.libnet.info/images/events/roxburylibrary/Tariffs.jpg
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