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The trade war initiated by the Trump administration is the largest since the US imposed the Smoot-Hawley tariffs in the … 1930s and was still raging when he left office. We analyze how the trade war impacted the 2020 US Presidential election …. Our results highlight the political salience of the trade war: US trade war tariffs boosted Trump’s support but foreign …
Persistent link: https://www.econbiz.de/10013171058
primaries, the differences to current politics will not be that big in some areas. Particularly when it comes to free trade …
Persistent link: https://www.econbiz.de/10012166167
This article examines protectionism from a number of perspectives. Part One provides some general background … information describing present Japanese-American trade policy. Part Two does the same for Korean-American trade policy. Part Three …
Persistent link: https://www.econbiz.de/10012980475
dumped their steel on the American market, may be the first shot in what might become a trade war. A number of countries have …. These recent trade actions have a ripple effect throughout the East Asian countries, including Korea, and the world. For … example, if the United States market becomes closed to the steel companies in the EU, those steel companies will have to try …
Persistent link: https://www.econbiz.de/10012980620
This article is about protectionism. It is divided into four parts. Part 1 reviews the philosophy of protectionism, and … producers at the expense of the general public. Part 2 examines the cost of protectionism, both monetary and nonmonetary, and … concludes that protectionism results in a deadweight loss to the economy. Part 3 examines antidumping in theory and practice and …
Persistent link: https://www.econbiz.de/10012980629
This paper investigates the international spillover effects of U.S. trade protection. Using micro-level data on anti …-dumping, countervailing duties, and safeguards, I develop a new measure of U.S. trade policy announcement shocks for the period 1988-2015 that … is free of confounding factors. Estimates using the new measure indicate that announced, but not yet imposed, U.S. trade …
Persistent link: https://www.econbiz.de/10012292235
This paper provides a rationale for the revival of protectionism, based on the rise of the educated class. In a trade …, which can be attenuated through taxation. By playing a two-stage political game, citizens decide on trade openness and the … extent of redistribution. In this setting, trade liberalization is politically viable as long as the losers from trade are …
Persistent link: https://www.econbiz.de/10012168075
and trade policy, concrete effects are to be expected, which are of great importance to Europe. With regard toclimate …. In trade policy, too, a new government would bring changes, although the Democrats' platformis strongly protectionist …. The trade conflict with China would remain critical, but the approach towards Europe could become more cooperative …
Persistent link: https://www.econbiz.de/10012264706
This paper shows that electoral incentives affect the occurrence of trade disputes. Focusing on WTO disputes filed by … incumbent can file a trade dispute to appeal to voters motivated by reciprocity. The incumbent's ability to initiate a dispute …. If voters' ideological preferences are not too strong in favor of either candidate, the incumbent will file a trade …
Persistent link: https://www.econbiz.de/10010530066
This paper examines the impact of trade liberalization on U.S. Congressional elections. We find that U.S. counties … subject to greater competition from China via a change in U.S. trade policy exhibit relative increases in turnout, the share …
Persistent link: https://www.econbiz.de/10011500378