Benguria, Felipe; Choi, Jaerim; Swenson, Deborah; Xu, … - 2022
The unexpected outbreak of the U.S.-China trade war led to dramatic increases in the import and export tariffs … confronting Chinese firms. Due to firm-level differences in trade engagement, customs trade data combined with tariff changes …-in-differences examination of these firm-level data reveals that trade war increases in U.S. tariffs and Chinese retaliatory tariffs both raised …