Fajgelbaum, Pablo D.; Khandelwal, Amit - National Bureau of Economic Research - 2021
In 2018, the US launched a trade war with China, an abrupt departure from its historical leadership in integrating … global markets. By late 2019, the US had tariffed roughly $350 billion of Chinese imports, and China had retaliated on $100 …, China and other countries. This article reviews what we have learned to date from this work …
