The impact of the U.S.-China trade war on air and ocean shipments
Li Zou,
Martin E. Dresner and
Chunyan Yu
Transport Policy, 2025, vol. 160, issue C, 89-106
Abstract:
This paper estimates the impact of the U.S.-China trade war and the consequent increase in trade costs on air and ocean shipments between the two countries. Using panel data covering U.S. exports and imports with its trading partners from 2016 to 2021, we estimate gravity models and find evidence showing negative impacts of the trade war on both U.S. imports from China and U.S. exports to China. However, there are differential impacts on air shipments and ocean shipments. Specifically, we find that U.S. tariff increases on Chinese goods primarily had a negative effect on air imports from China, whereas China's retaliatory tariffs on U.S. goods mainly had a negative impact on U.S. ocean exports. These findings contribute to the growing body of evidence on the effects of the U.S.-China trade war, highlighting the varying impacts of the trade war on different modes of transportation that drive the U.S.-China trade relationship.
Keywords: Air/ocean transport; U.S.-China trade war; Tariffs; Trade costs (search for similar items in EconPapers)
Date: 2025
References: View references in EconPapers View complete reference list from CitEc
Citations:
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0967070X24003329
Full text for ScienceDirect subscribers only
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:eee:trapol:v:160:y:2025:i:c:p:89-106
Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/supportfaq.cws_home/regional
https://shop.elsevie ... _01_ooc_1&version=01
DOI: 10.1016/j.tranpol.2024.11.001
Access Statistics for this article
Transport Policy is currently edited by Y. Hayashi
More articles in Transport Policy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().