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 … solely due to the trade war with China, in 2020, the US total trade balance will improve by 41,020 million USD (0.21% of real …

established one, a China-U.S. trade war will be inevitable. Being the largest and the second largest trading nations globally, the … U.S. and China are in fact each other's most important trading partners, among many aspects of their complex … real effects of the China-U.S. trade war in 2018 are not negligible, they are relatively manageable for both nations. There …

A ceasefire has been called in the trade war between the United States and China, but there is lingering uncertainty … that will stifle aggregate spending until a "peace treaty" is signed. China is thus currently undertaking a precarious … war into simple terms, the United States is worried about the size of its bilateral trade deficit with China and is …