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The future of global trade in the presence of the Sino-US trade war
Ist Teil von
Economic and Political Studies, 2019-04, Vol.7 (2), p.217-231
Ort / Verlag
Abingdon: Routledge
Erscheinungsjahr
2019
Link zum Volltext
Quelle
Taylor & Francis Journals Auto-Holdings Collection
Beschreibungen/Notizen
The looming of a vindictive spirit owing to dishevelled trade relations amidst China and the US seems to be near. Never has it been so apparent than now. The US has had itself as the largest economy on the world stage and China's attempt at shuffling this incumbency has led the US to open a tariff fire on Chinese imports. The tariff brawl appears to be not settling anytime soon as the retaliatory measures are swelling incessantly. Being the two largest economies of the world, giving in for disengaging trade with each other is bound to have a ripple effect on the global system of trade. Where the detesting to barrier-free trade on the part of the US and China are certain to inflict pain upon both countries, it might come as a benefit for other countries. This research explores the movement in global trade springing out of the Sino-US trade war.