The Economic Impacts of the US–China Trade War

Amit Khandelwal and Pablo D. Fajgelbaum ()
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Pablo D. Fajgelbaum: Department of Economics, Princeton University, Princeton, New Jersey, USA

Annual Review of Economics, 2022, vol. 14, issue 1, 205-228

Abstract: In 2018, the United States launched a trade war with China, marking an abrupt departure from its historical leadership in integrating global markets. By late 2019, the United States had imposed tariffs on roughly $350 billion of Chinese imports, and China had retaliated on $100 billion of US exports. Economists have used a diversity of data and methods to assess the impacts of the trade war on the United States, China, and other countries. This article reviews what we have learned to date from this work.

Keywords: international trade; globalization; tariffs (search for similar items in EconPapers)
JEL-codes: F0 (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (15)

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Working Paper: The Economic Impacts of the US-China Trade War (2021)
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DOI: 10.1146/annurev-economics-051420-110410

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