China's commerce ministry says the country has no choice but to fight back after the US "launched the largest trade war in economic history," as Washington's 25 percent tariffs on various Chinese imports go into effect. "On July 6, the US began to impose 25 percent tariffs on $34 billi...
The article reviews the chronology and analyses the causes and possible consequences of the trade war between the US and China. The authors identify four main reasons that led to the greatest trade conflict between the two economies in history associated with intentions of the US: a) to reduce...
BEIJING, March 24 (Xinhua) -- History tells that trade wars are a losing game. No one benefits, and everyone ends up a bit bruised. Despite the risk of triggering a trade war, U.S. President Donald Trump signed an executive memorandum that could result in heavy tariffs on up to 60-bi...
This paper studies the current trade war between China and the US from a historical standpoint. By comparing the ongoing trade war with similar trade conflicts in history, we reveal three major causes, with varying degrees of importance, from both economic and political perspectives. The trade ...
There is reason to think China has engaged in trade practices that unfairly harm US companies, and that their promised reforms have been slow in taking shape. Yet, as history illuminates, attempting to solve the problem by trading commercial blows does little to remedy the conflict’s underlying...
Here, we present a timeline of the major events in the trade conflict, what led up to it, and how the two countries are attempting to deescalate the situation. US-China trade war Total US tariffs applied exclusively to Chinese goods:US$550 billion ...
The Thucydides Trap: A Trade War between China and the United States Seems Inevitable. RITHOLTZ, MIB HOST:Given that these things are cyclical, they repeat, they look very similar — what parallels would you draw from history to today? What era does today most remind you of? What’s the ...
The US-China trade war: Tariff data and general equilibrium analysis The current trade war between the United States and China is unprecedented in modern history. This study introduces a database of tariff increases resultin... MBEJZW Li - 《Journal of Asian Economics》 被引量: 0发表: 2020...
Will the Biden administration be accommodating of China or take advantage of the new status quo established under his predecessor? China Briefing previously monitored and documented major developments during the US-China trade war in the Trump era. Here, we present a fresh timeline that will track...
With a look to the past, US President Herbert Hoover's trade safe-guarding act in 1930 led to the collapse of America's multilateral trading system. History has shown that there has never been a winner in a trade war, and only s...