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 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 …

trade increased the colonists' ability to buy imports over time, especially after 1740. Although the export sector performed … two time series to serve as indicators of broader changes rather than considering the export sector as a whole. Here we … present new comprehensive export measures for the middle colonies. We find that aggregate exports in constant prices grew very …

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 …

policy and terms-of-trade fluctuations using a sample of 74 countries, both developed and developing. It finds evidence that … booms in the terms of trade do not necessarily lead to larger government surpluses in developing countries, particularly in …

price volatility or specialization dominates terms of trade and thus aggregate volatility in poor countries is thus …Poor countries are more volatile than rich countries, and we know this volatility impedes their growth. We also know … that commodity price volatility is a key source of those shocks. This paper explores commodity and manufactures price over …

We investigate the long-term effects of export opportunities to a large destination market on multinational affiliates … and domestic firms in a low-income host country. The US-Vietnam Bilateral Trade Agreement reduced US import tariffs on …

We use the 2018-2019 U.S. trade war to examine how supply chains adjustments to a tariff cost shock affect imports and … exports. Using confidential firm-trade linked data, we show that the decline in imports of tariffed goods was driven by … import markets altogether. However, tariffed products where imports were concentrated in fewer suppliers had a smaller …