International Trade Has Suffered a One-Two Punch: Can It Recover After COVID-19?

Davin Chor

Chapter 19 in Impact of COVID-19 on Asian Economies and Policy Responses, 2021, pp 141-145 from World Scientific Publishing Co. Pte. Ltd.

Abstract: At the start of 2020, international trade was already under a protectionist cloud. Rising trade tensions between the US and the rest of the world, particularly China, had been in the economic headlines for three years, with US imports from China shrinking by a dramatic 17.7% between 2018–2019. Despite the Phase 1 deal signed between the two countries on 15 January 2020, few observers saw this as the last bump in the road in this tariff war…

Keywords: COVID-19; Pandemic; Coronavirus; Lockdowns; Supply Shock; Demand Shock; Financial Distress; Global Value Chain; Global Supply Chains; Public Policy; International Trade; Debt; Post-COVID-19; Liquidity Crisis; International Trade; Policy Response; Policy Uncertainty; Public Health; Big Data; Pandemic Dilemma (search for similar items in EconPapers)
JEL-codes: F02 F4 H12 I15 I18 (search for similar items in EconPapers)
Date: 2021
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