We review theoretical and empirical work on the economic effects of the United States and China trade relations during … economic effects on different outcomes. We then focus on the recent U.S.-China trade war. We discuss methods used to evaluate … its effects, describe its economic effects, and analyze if this increase in trade protectionism reverted the effects of …

I study how people understand and reason about trade and which factors shape their views on trade policy. I design and … run large-scale surveys and experiments in the U.S. to elicit respondents' knowledge and understanding of trade. I also … ask about their perceived economic gains and distributional impacts from trade and their views on trade restrictions and …

escalation. Yet neoclassical trade theory - and modern Ricardian trade models, in particular - predict that welfare … tariff escalation increasing in the extent of downstream returns to scale. A quantitative evaluation of the US-China trade …

We study optimal dynamic trade policies in an Eaton-Kortum model with technology diffusion through trade. The process … of innovation and diffusion is one in which new ideas are combined with insights from others. Trade thus affects … endowments, and other alterations to trade patterns that affect the degree and quality of diffusion. We provide explicit formulas …

1697 goods originating in 112 countries, to analyze the impact on Canadian imports of interwar Canadian trade policy …This paper uses a new dataset on the universe of Canadian imports and tariffs between 1924 and 1936, disaggregated into …, including the 1932 Ottawa trade agreements. Rather than use a dummy variable approach, we compute the impact of individual …

We show that reducing the probability of a trade war promotes long-term importer-exporter relationships that ensure … trade war. Extending the standard general equilibrium trade model to encompass potential trade wars and relational contracts …

We use the dynamics of U.S. imports across goods in the period around the U.S.-China trade war with a model of exporter … dynamics to estimate the dynamic path of the probability of transiting between Normal Trade Relations and a trade war state. We … find (i) there was no increase in the likelihood of a trade war before 2018; (ii) the trade war was initially expected to …

We study the role of trade policy in one of the most pressing climate policy challenges that developing countries face …: meeting voluntary emission restraints (VERs). To do so, we develop a general equilibrium trade model that extends Caliendo and …, we focus on two groups of policies: those that are in the traditional realm of trade policy, related to tariff reform and …

Multinational firms (MNEs) dominate trade flows, yet their global production decisions are often ignored in firm …-level studies of exporting and importing. Using newly merged data on US firms' trade and multinational activity by country, we show … that MNEs are more likely to trade not only with countries in which they have affiliates, but also with other countries …