This paper explores the macroeconomic effects of trade tariffs in the context of the recent trade conflict between the United States and China. The focus is laid on two trade war scenarios, and one of them takes into account the effects of the COVID-19 pandemic on the global trade flows. After...

While China experienced a dramatic drop in trade with the U.S due to the outbreak of the trade war in the mid-2018, the U.S. trade increased with third countries such as Vietnam. This paper uses the monthly US Census data at the HS 6-digit level spanning from January 2016 to December 2020 to...

We study global trade responses to the US-China trade war. We estimate the tariff impacts on product-level exports to the US, China, and rest of world. On average, countries decreased exports to China and increased exports to the US and rest of world. Most countries export products that...