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Should the China-U.S. trade agreement prompt relief because it averts a damaging trade war or concern because selective … preferential access for the United States to China's markets breaks multilateral rules against discrimination? The answer depends … on how China implements the agreement. Simulations from a computable general equilibrium model suggest that the United …
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the biggest shifts in the international economic and trading system: the rise of China.Even though China will have a stake … in maintaining trade openness, an initiative that builds on but redefines the Doha Agenda would anchor China more fully … include the major issues of interest to China and its trading partners, and thus unleash the powerful reciprocal …
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Trade rebounded in 2017, with trade volume growing at 4.3 percent in 2017 - the fastest rate in 6 years. The recovery of trade is not limited to a few regions but is widespread, suggesting that we may be at a turning point. The largest contributions to global trade growth have come from East...
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This edition of Global Trade Watch addresses three questions concerning recent trade developments: What is happening? Why? Does it matter? 2016 is the fifth consecutive year of sluggish trade growth and the year with the weakest trade performance since the aftermath of the 2008 global financial...
Persistent link: https://www.econbiz.de/10012248262
This paper attempts to quantify the impact of economic policy uncertainty on overall trade and trade linked to global value chains. Using new data on policy uncertainty for 18 countries and 24 years, it finds a statistically significant negative impact of policy uncertainty on overall trade...
Persistent link: https://www.econbiz.de/10012167789
2017 and 2022. The results show that while US-China decoupling in bilateral trade is real, supply chains remain intertwined … with China. Over the period, China's share of US imports fell from 22 to 16 percent. The paper shows that the decline is … due to US tariffs. US imports from China are being replaced with imports from large developing countries with revealed …
Persistent link: https://www.econbiz.de/10014579648
2017 and 2022. The results show that while US-China decoupling in bilateral trade is real, supply chains remain intertwined … with China. Over the period, China's share of US imports fell from 22 to 16 percent. The paper shows that the decline is … due to US tariffs. US imports from China are being replaced with imports from large developing countries with revealed …
Persistent link: https://www.econbiz.de/10014454218