| 来源类型 | Discussion paper
|
| 规范类型 | 论文
|
| 来源ID | DP15850
|
| DP15850 The US-China Trade War and Phase One Agreement |
| Chad Bown
|
| 发表日期 | 2021-02-25
|
| 出版年 | 2021
|
| 语种 | 英语
|
| 摘要 | The Trump administration changed US trade policy toward China in ways that will take years for researchers to sort out. This paper makes four specific contributions to that research agenda. First, it carefully marks the timing, definitions, and scale of the products subject to the tariff changes affecting US-China trade from January 20, 2017 through January 20, 2021. One result was that each country increased its average duty on imports from the other to rates of roughly 20 percent, with the new tariffs and counter-tariffs covering more than 50 percent of bilateral trade. Second, the paper highlights two additional channels through which bilateral tariffs changed during this period: product exclusions from tariffs and trade remedy policies of antidumping and countervailing duties. These two channels have received less research attention. Third, it explores why China fell more than 40 percent short of meeting the goods purchase commitments set out for 2020, the first year of the phase one agreement. Finally, the paper considers additional trade policy actions - involving forced labor, export controls for reasons of national security or human rights, and reclassification of trade with Hong Kong - likely to affect US-China trade beyond the Trump administration. |
| 主题 | International Trade and Regional Economics
|
| 关键词 | Us-china trade policy
Tariffs
Trade war timeline
Phase one agreement
Antidumping
Countervailing duties
Product exclusions
Export controls
|
| URL | https://cepr.org/publications/dp15850
|
| 来源智库 | Centre for Economic Policy Research (United Kingdom)
|
| 资源类型 | 智库出版物
|
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/544843
|
推荐引用方式
GB/T 7714 |
Chad Bown. DP15850 The US-China Trade War and Phase One Agreement. 2021.
|
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