Update: Trade War Chartbook

We updated our chartbook with results of the computable general equilibrium model of the impact of US-China tariffs, to account for the announced September 1 escalation of 10% tariffs on the remainder of US imports from China. The effects are marginal compared to tariffs already in force, but suggest weaker investment in the US and China, a larger US trade deficit, a rising China trade surplus, and a more severe impact on the US economy than China’s.

Posted August 7, 2019
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