United States and China. The focus is laid on two trade war scenarios, and one of them takes into account the effects of the … solely due to the trade war with China, in 2020, the US total trade balance will improve by 41,020 million USD (0.21% of real … trade intensity with China and welfare will decline. However, our study has found that the potential economic consequences …

China's trade surplus is often heavily criticized in political and economic debates, accompanied by claims for a … investigating bilateral trade balances between China and 11 of her main trading partners. Being the first to use structural … variance decompositions. We find a negative reaction of the trade balance when the Chinese RMB appreciates for most of China …