Trade and Trade Diversion Effects of United States Tariffs on China



Alessandro Nicita | UNCTAD

US tariffs on China are economically hurting both countries. The tariffs have resulted in a strong decline in US imports from China. US losses are largely related to higher prices for consumers.

While this paper does not examine the impact of the most recent phase of the trade war, the recent escalation is likely to have added to the existing losses.

Trade War Worse Off November 2019

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