The impact of US tariffs against China on US imports: Evidence for trade diversion?difference-in-differencesproduct-level datatariffstrade diversionUS importsWe provide evidence on the existence of short‐run trade diversion effects towards third countries as a consequence of tariff shocks. We exploit...
"China always believes removing all the US additional tariffs against China will benefit the two countries and the world," Shu said. "Multiple Chinese and US think tanks and research institutes have estimated that full pullback of the tariffs will...
The US tariffs against China pose every American family with a stark choice: do they want to pay $850 a year to the US tax authorities, to carry out a trade war against China, or do they want to spend that $850 on their own household? This will significantly affect their living standa...
Global trade is not a zero-sum game of who gets the most benefits. The decision by President Donald Trump to up the ante in a trade dispute by slapping tariffs invites retaliation, as China has threatened to do, and damages a global trading system that in all honesty has lifted all boats...
These additional tariffs will undermine the shift toward electrification of the global auto industry and the development of low-carbon technologies, Zhang noted. In light of groundless accusations from the United States against China, e...
"China always believes removing all the US additional tariffs against China will benefit the two countries and the world," Shu said. "Multiple Chinese and US think tanks and research institutes have estimated that full pullback of the tariffs will have substantial effect on curbing US domestic in...
Bottom line:The finalization of US anti-dumping tariffs against Chinese solar panel makers will allow Beijing to focus on the more important task of cleaning up China’s solar industry.
The move is to safeguard China's legitimate rights and interests, an MOC spokesperson said in response to media inquiries.The U.S. imposition of additional tariffs on Chinese products has seriously violated the WTO rules, and this egregious act is typical of unilateralism and trade protectionism, ...
Of course, those tariffs aren’t uniform, and there is still work to be done bringing tariff levels down in many other countries. As Ambassador Tai has said, “We have not sworn off market liberalization.” We do intend to pursue modern trade agreements. But to define or measure our entir...
For months, Trump had slow-walked threats of tariffs against China as punishment for intellectual property theft. He first announced that the United States would impose trade penalties on about $50 billion of Chinese goods in March. "We have a tremendous intellectual property theft problem," ...