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We find that Republican candidates lost support in the 2018 congressional election in counties more exposed to trade retaliation, but saw no commensurate electoral gains from US tariff protection. The electoral losses were driven by retaliatory tariffs on agricultural products, and were only...
Persistent link: https://www.econbiz.de/10012293757
This paper examines upstream propagations of the U.S.-China tariff war in 2018-2019 through the lens of exports from 32 countries to China. Building an industry-country specific measure of input-output linkages with China, we obtain new empirical evidence that the U.S. tariffs on Chinese imports...
Persistent link: https://www.econbiz.de/10013197845
This paper highlights the importance of multilateral cooperation as an avenue for tackling technical barriers to trade (TBTs). These non-tariff barriers are some of the most prevalent affecting global trade. While the US-China trade war and its tariff escalation was grabbing headlines,...
Persistent link: https://www.econbiz.de/10013245983
We review theoretical and empirical work on the economic effects of the United States and China trade relations during the last decades. We first discuss the origins of the China shock, its measurement, and present methods used to study its economic effects on different outcomes. We then focus...
Persistent link: https://www.econbiz.de/10013361989
Over the past six years, the Sino-US trade war has not only reshaped the relationship between the world's two largest economies but also profoundly influenced the global economic and trade patterns. This paper reviews the background, process, and implications of the Sino-US trade war, examining...
Persistent link: https://www.econbiz.de/10015370993
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...
Persistent link: https://www.econbiz.de/10014486241
The Republican Party has been the party most supportive of free trade in American politics for half a century. Donald Trump, the 45th US president, held a different stance from his party on free trade. We assess how Trump's China tariffs in mid-2018 impacted the performance of his party in its...
Persistent link: https://www.econbiz.de/10014083265
We analyze the impact of a rise in protectionism on environmental regulation. Using the 2018 US-China trade war as a quasi-natural experiment, we find that higher exposure to tariffs leads to less stringent regulation targets in China, increasing air pollution and carbon emissions. Politically...
Persistent link: https://www.econbiz.de/10014414143
This paper examines the impact of COVID‐19 lockdowns on exports by Chinese cities. We use city‐level export data at a monthly frequency from January 2018 through April 2020. Differences‐in‐differences estimates suggest cities in lockdown experienced a ceteris paribus 34 percentage points...
Persistent link: https://www.econbiz.de/10014082739
Persistent link: https://www.econbiz.de/10012202997