Trump Tariffs Primarily Hit Multinational Supply Chains, Harm US Technology Competitiveness

Mary E. Lovely () and Yang Liang
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Mary E. Lovely: Peterson Institute for International Economics
Yang Liang: Syracuse University
Authors registered in the RePEc Author Service: Yang Liang, Yang Liang and Gary Clyde Hufbauer

No PB18-12, Policy Briefs from Peterson Institute for International Economics

Abstract: The Trump administration’s Section 301 tariffs are an ineffective response to US concerns about China’s high-technology aspirations. They are a prime example of 20th century tools aimed at the knowledge-embodying trade flows of the 21st century. Instead, these tariffs disadvantage American producers and harm US allies operating in East Asia while missing the mark on penalizing Chinese domestic firms that may have misappropriated US and other advanced economies’ technologies.

Date: 2018-05
New Economics Papers: this item is included in nep-int
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