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...

In this paper, as a unique attempt so far in the literature, we study empirically the effect of tariffs imposed by US and China on exports of China and US respectively, so far. We use a CARD trade war tariffs dataset, UNCTAD TRAINS dataset for tariffs data before trade war along with trade data...

This paper analyzes the effects of the current trade conflict on developing Asia using the Asian Development Bank's Multiregional Input–Output Table (MRIOT), allowing us to calculate the impact on individual countries and on sectors within countries. The analysis estimates the direct impact on...

This paper provides an economic analysis of the trade conflict between the US and China, providing an overview of the tariff increases, a discussion of the background of the trade conflict, and an analysis of the economic effects of the trade conflict, based both on empirics (ex post analysis)...

This paper provides an overview of the evolving nature of digital trade and digital trade policies. It shows that digital trade has been growing faster than “non-digital” trade. By 2018, 24% of global trade (USD 5.1 trillion) could be considered digital trade. In parallel, countries have...

America’s recent turn toward protectionism has raised concerns about the future viability of the liberal international trading system. This study examines how and why public attitudes toward international trade change when one’s country is targeted by protectionist measures from abroad. To...

In 2019 and the early months of 2020, global trade faced two major albeit very different shocks, namely the United States-China trade war and the cascading response of the countries around the world to the COVID-19 pandemic. While the former situation involved a pair of centrally-placed trading...

This paper studies the role of reduced barriers to international trade from two dimensions: (i) the implementation of Free Trade Agreements and (ii) declining "border effects". Our empirical estimates suggest that diminished border effects accounts for the bulk of the increase in international...

The decision of the United Kingdom (UK) to leave the European Union (EU) is unprecedented, especially considering the recent trend in the global economy toward economic integration. There is a multitude of research concerning the implications of economic integration; however, research in the...

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...