How Did China’s COVID-19 Shutdown Affect U.S. Supply Chains?
Sebastian Heise
No 20200512, Liberty Street Economics from Federal Reserve Bank of New York
Abstract:
The COVID-19 pandemic has had a significant impact on trade between the United States and China so far. As workers became sick or were quarantined, factories temporarily closed, disrupting international supply chains. At the same time, the trade relationship between the United States and China has been characterized by rising protectionism and heightened trade policy uncertainty over the last few years. Against this background, this post examines how the recent period of economic disruptions in China has affected U.S. imports and discusses how this episode might impact firms’ supply chains going forward.
Keywords: COVID-19; supply chains; trade (search for similar items in EconPapers)
JEL-codes: F00 F1 (search for similar items in EconPapers)
Date: 2020-05-12
New Economics Papers: this item is included in nep-cna and nep-int
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