Collateral benefits? South Korean exports to the United States and the US-China trade war

Mary E. Lovely (), David Xu and Yinhan Zhang
Additional contact information
Mary E. Lovely: Peterson Institute for International Economics
Yinhan Zhang: Syracuse University

No PB21-18, Policy Briefs from Peterson Institute for International Economics

Abstract: This Policy Brief assesses the extent to which the United States increased its imports from South Korea after the US imposition of tariffs on Chinese exports. Korea benefited from this shift in US imports, although the increase was relatively small in most sectors. The authors use highly disaggregated US import and tariff data to examine adjustments in US purchases of manufactured goods from its trade partners. Their analysis indicates that Korea made a small gain in the US market following the levying of US tariffs on Chinese exports, with Korea’s share of overall US manufacturing imports rising 0.9 percent and its share of US manufacturing imports subject to trade war tariffs rising 1.0 percent. Gains were spread across a variety of manufacturing sectors—such as wood products, textiles and apparel, and machinery—reflecting both the choices made by US officials regarding which Chinese exports to tax and the nature of preexisting trade relationships between South Korea and the United States.

Date: 2021-07
New Economics Papers: this item is included in nep-cna, nep-int and nep-isf
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.piie.com/publications/policy-briefs/co ... s-and-us-china-trade (text/html)
Our link check indicates that this URL is bad, the error code is: 403 Forbidden

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:iie:pbrief:pb21-18

Access Statistics for this paper

More papers in Policy Briefs from Peterson Institute for International Economics Contact information at EDIRC.
Bibliographic data for series maintained by Peterson Institute webmaster ().