The Impact of Trade Conflict on Developing Asia

Abiad, Abdul; Baris, Kristina; Bertulfo, Donald Jay; Camingue-Romance, Shiela F.; Feliciano, Paul Neilmer; Mariasingham, Joseph; Mercer-Blackman, Valerie; Bernabe, John Arvin

doi:10.2139/ssrn.3339178

Cited by 8 publications

(7 citation statements)

References 16 publications

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“…Particularly, the two largest economies in the world generate two fifths of global GDP and about a quarter of global trade. Therefore, the bilateral trade conflict between the U.S. and China is worrisome for both the region and the world because the two nations are two of the three main hubs for global production chains along with the European Union (EU) with tight trade links in key industrial sectors such as electronics and high technology equipment [Abiad et al, 2018].…”

Section: Trade Conflict and Tariff Measuresmentioning

confidence: 99%

“…It also considers other measures to retaliate the U.S. companies operating in China. In the global trade tension, the U.S. government has considered to set the tariff of 25 percent on imports of automobiles and auto parts from all trading partners that would affect $350 billion worth of goods [Abiad et al, 2018;Park, 2018].…”

Section: Trade Conflict and Tariff Measuresmentioning

confidence: 99%

“…The direct impact of the trade conflict is quantified at product level gathered by published lists of tariff affected commodities for all countries involved in the trade conflicts as of Sep. 2018. Additionally, these commodities are matched with detailed trade data from BACI and the United States Census Bureau in 2017 that uses a 6 to 10digit Harmonized System classification [Abiad et al, 2018;Wang et al, 2018]. Source: Author's own adaptation based on [Abiad et al, 2018].…”

Section: Impacts On the Us And Chinese Economymentioning

confidence: 99%

“…The scenario 4 subtracts the former with -0.3 per cent and the latter with -1.3 percent (Bollen, RojasRomagosa, 2018, table 3]. Source: [Abiad et al, 2018].…”

Section: Impacts On the Us And Chinese Economymentioning

confidence: 99%

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Trade Conflict Between the U.S. and China: What Are the Impacts on the Chinese Economy?

Park¹

2020

IORJ

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Growth in trade has slowed since the global financial crisis in 2008. It seemed to recover in 2017 but declined again after the Trump administration in the U.S. imposed protectionist measures in 2018 which led to conflicts with its major trading partners, including Canada, China, Japan, Mexico, Korea and the EU. Among these partners, the U.S. negotiated amendments to its FTAs with Canada, Mexico and Korea. It is still negotiating with Japan. However, the U.S. government took a different, hard line approach to China in terms of trade based on setting high tariffs on Chinese imports to which China responded by placing high tariffs on U.S. imports. The trade conflict began with criticisms directed at each other, with the U.S. putting its national interest first and China touting a global system of free trade as a key issue. The trade conflict has negatively impacted not only the U.S. and Chinese economies but also the global economy, given that the two economies together as the G2 account for nearly 40% of global output. Therefore, one of the most important challenges for global economic growth is how the conflict might further affect the global economy. This paper analyzes why the trade conflict emerged and how to resolve it. It also focuses on the economic impacts of the trade conflict on the global economy in general, and the Chinese economy in particular. Further, it analyzes how the Chinese government strategically deals with trade negotiations with the United States.

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Section: Trade Conflict and Tariff Measuresmentioning

confidence: 99%

Section: Trade Conflict and Tariff Measuresmentioning

confidence: 99%

Section: Impacts On the Us And Chinese Economymentioning

confidence: 99%

“…The scenario 4 subtracts the former with -0.3 per cent and the latter with -1.3 percent (Bollen, RojasRomagosa, 2018, table 3]. Source: [Abiad et al, 2018].…”

Section: Impacts On the Us And Chinese Economymentioning

confidence: 99%

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Trade Conflict Between the U.S. and China: What Are the Impacts on the Chinese Economy?

Park¹

2020

IORJ

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“…Different impacts experienced by India and Australia. The impact of the trade war on India was an increase in the rate of exports to America and China from 0.2 points to 0.5 points (Abiad et al, 2018 In 2017, the number of QSD member countries' patents was less than China (See Table 9). QSD member countries have a total of 571 thousand patents and China has 1.2 million patents.…”

Section: Gdp Defence Budget and Export Valuementioning

confidence: 99%

Balance of Threat of QSD toward China’s Presence in the South China Sea

Anshori

2020

AEGIS

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Abstrak Latar belakang artikel ini adalah ekspansi China di Laut China Selatan serta pengaktifan kembali Quadrilateral Security Dialogue (QSD). QSD adalah pertemuan non-formal yang beranggotakan United States, Australia, India, dan Japan. Artikel ini berusaha untuk menjawab ‘Apa keunggulan yang dimiliki oleh QSD pasca pengaktifan kembali mereka untuk menghadapi kehadiran China di Laut China Selatan?’. Teori utama yang digunakan dalam artikel ini adalah Balance of Threat dari Stephen Walt. Hasil dari artikel ini memperlihatkan keunggulan yang dimiliki oleh QSD adalah lokasi geografis, sebagian besar sumber daya dan persenjataan, serta program latihan perang bersama dan modernisasi persenjataan. Keunggulan tersebut dapat digunakan QSD untuk menghadapi niat mengancam dari China dengan kehadiran mereka di Laut China Selatan.Abstract The background of this article is the expansion of China in the South China Sea and the reactivation of the Quadrilateral Security Dialogue (QSD). QSD is an informal meeting with members from the United States, Australia, India, and Japan. This article seeks to answer 'What advantages does QSD have after their reactivation to face China's presence in the South China Sea?'. The main theory used in this article is the Balance of Threat from Stephen Walt. The results of this article show the advantages possessed by QSD is the geographical location, the majority of resources and weapons, as well as joint war training and weapon modernization programs. These advantages can be used by QSD to face the threatening intentions of China with its presence in the South China Sea.

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The United States’ Policy towards the World Trade Organization during the Presidency of Donald Trump

Kleszczyńska

2021

adamericam

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The United States’ Policy towards the World Trade Organization during the Presidency of Donald Trump The purpose of this article is to analyze the United States’ policy towards the World Trade Organization (WTO) during the presidency of Donald Trump. Given the stated aim, research questions allow to identify the significant priorities of American foreign policy within the Organization, trade policy challenges, and the current and future survival ofthe global exchange system. Hence, the article is focused on: the importance of the WTO for the global exchange system; the role and capabilities of the United States (US) in the Organization’s analysis; and identification of main priorities and challenges of the US foreign policy towards the WTO in the context of the current trade rivalry with China and itsimpact on the WTO’s future. The main hypothesis of the article indicates that the current US trade policy weakens the possibilities and further functioning of the WTO. The main theoretical perspective of the article is based on institutional liberalism and the theory of comparative advantage. The article has been developed by applying historical, institutional, and legal systemic and content analysis methods (in particular, government, WTO, and think tank reports and analyses).

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The Impact of Trade Conflict on Developing Asia

Cited by 8 publications

References 16 publications

Trade Conflict Between the U.S. and China: What Are the Impacts on the Chinese Economy?

Trade Conflict Between the U.S. and China: What Are the Impacts on the Chinese Economy?

Balance of Threat of QSD toward China’s Presence in the South China Sea

The United States’ Policy towards the World Trade Organization during the Presidency of Donald Trump

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