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Experts have argued that the China trade shock has ended. [1] [13] [14] In relation to consumer goods, the China shock largely ended by 2006 or 2007 [14] while indicating that for capital goods the effects of Chinese imports to the United States continued up until 2012 and are ongoing in specific product categories. [1]
During the first trade war, Trump banned high-tech exports to China and sanctioned companies including China's largest chipmaker SMIC, prompting its tech sector to become domestic-focused and self ...
The political narrative has eclipsed the actual economics, and that’s a policy problem today.
The U.S.-China trade war is counterproductive–and the Huawei P60’s chip is just one of its many unforeseen ramifications Ben Harburg September 18, 2023 at 7:51 AM
The U.S.–China Relations Act of 2000 is an Act of the United States Congress that granted China permanent normal trade relations (NTR) status (previously called most favoured nation (MFN)) when China becomes a full member of the World Trade Organization (WTO), ending annual review and approval of NTR.
Feenstra has also conducted research on the impact of China’s joining the WTO on its exports– the so-called China shock – and on employment in the United States and elsewhere. In 2019, he and coauthors published the article "U.S. Exports and Employment” in the Journal of International Economics, examining the job losses caused by U.S ...
China's trade surplus grew to $104.8 billion last month, up from $97.4 billion in November. Its trade surplus with the U.S. widened to $33.5 billion over the same period from $29.81 billion a ...
An economic conflict between China and the United States has been ongoing since January 2018, when U.S. president Donald Trump began setting tariffs and other trade barriers on China with the goal of forcing it to make changes to what the U.S. says are longstanding unfair trade practices and intellectual property theft. [1]