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...

While the renegotiation of the North American Free Trade Agreement has received far more attention, a lesser-known U.S. trade deal has also been reworked. In April of 2017, President Trump proclaimed his displeasure with the Korea-U.S. Free Trade Agreement (commonly referred to as “KORUS”),...

The TRIPs plus phenomenon (additional steps to strengthen the Agreement on Trade-Related Aspects of Intellectual Property Rights) tends to be attributed to the regional and bilateral efforts of the United States. This paper suggests that such a perception is mistaken. The EU certainly seeks to...

Die globale Wirtschaftskrise führt zu einem massiven Anstieg der Arbeitslosigkeit, und fast alle Regierungen haben die Sicherung der heimischen Beschäftigung zu einem zentralen Ziel ihrer Wirtschaftspolitik erklärt. In den USA wurde sofort nach dem Amtsantritt von Präsident Obama ein...

In principle, the U.S. Generalized System of Preferences (GSP) offers uniform market access to exports from eligible developing countries for a broad set of GSP-eligible products. In practice, realized GSP tariff-exemptions demonstrate marked variation across countries, industries, and years. In...

The start of the USA – China trade dispute was given on July 6, 2018 – when the United States introduced an additional 25% ad valorem duty on $34 billion of Chinese imports. The official reasons, mentioned in a Statement by the President, were to prevent the unfair transfers of U.S....

The paper argues that United States (US) participation in the East Asia Summit (EAS) - regional integration architecture led by the Association of Southeast Asian Nations (ASEAN) - was motivated by four changes in the regional economic landscape: (i) the Asian financial crisis of 1997 and...

The paper argues that United States (US) participation in the East Asia Summit (EAS) - regional integration architecture led by the Association of Southeast Asian Nations (ASEAN) - was motivated by four changes in the regional economic landscape: (i) the Asian financial crisis of 1997 and...

The paper argues that United States (US) participation in the East Asia Summit (EAS) — regional integration architecture led by the Association of Southeast Asian Nations (ASEAN) — was motivated by four changes in the regional economic landscape: (i) the Asian financial crisis of 1997 and...