How do we reconcile “record-level” US-China imports and exports when tariffs remain on more than half of the trade between the two economies? Part 1 (02:28) describes the US-China trade war and tariff escalation of 2018-19. Part 2 (12:12) explains the trade truce and President Trump’s “phase one” agreement with China of January 2020. Part 3 (19:45) examines US export performance to China, including China’s $200 billion purchase commitments. Part 4 (33:39) explores US imports from China. Part 5 (40:34) considers what comes next, including the Indo-Pacific Economic Framework (Total: 45:43).
Read more…
- Bown, Chad P. 2023. US imports from China are both decoupling and reaching new highs. Here’s how. PIIE Chart, March 31.
- Bown, Chad P. and Yilin Wang. 2023. Five years into the trade war, China continues its slow decoupling from US exports. PIIE Realtime Economics, March 16.
- Bown, Chad P. 2022. Four years into the trade war, are the US and China decoupling? PIIE Realtime Economics, October 20.
- Bown, Chad P. 2021. The US-China Trade War and Phase One Agreement. Journal of Policy Modeling v43, n4 (July-August): 805-843.
- Bown, Chad P. and Melina Kolb. 2023. Trump’s Trade War Timeline: An Up-to-Date Guide. PIIE Trade and Investment Policy Watch (Updated as events unfold since March 2018.)
