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The trade war initiated by the Trump administration is the largest since the US imposed the Smoot-Hawley tariffs in the 1930s and was still raging when he left office. We analyze how the trade war impacted the 2020 US Presidential election. Our results highlight the political salience of the...
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A common narrative is that COVID-19 cost Trump re-election. We do not find supporting evidence; if anything, the pandemic helped Trump. However, we find substantial evidence that voters abandoned Trump in counties with large increases in health insurance coverage since the Affordable Care Act,...
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Should the China-U.S. trade agreement prompt relief because it averts a damaging trade war or concern because selective … preferential access for the United States to China's markets breaks multilateral rules against discrimination? The answer depends … on how China implements the agreement. Simulations from a computable general equilibrium model suggest that the United …
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We use the 2018-2019 U.S. trade war to examine how supply chains adjustments to a tariff cost shock affect imports and exports. Using confidential firm-trade linked data, we show that the decline in imports of tariffed goods was driven by discontinuations of U.S. buyer-foreign supplier...
Persistent link: https://www.econbiz.de/10014337835
We study the economic and political consequences of the 2018-2019 trade war between the United States, China and other …
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