Global Tariff War

Global Tariff War: Economic, Political and Social Implications traces the impacts that global tariff wars in international trade can have on the growth of national economies. Offering a range of perspectives from developing economies, this collection presents a unique insight into this complex area of geo-political and economic practice.

Global Tariff War: Economic, Political and Social Implications traces the impacts that global tariff wars in international trade can have on the growth of national economies. Offering a range of perspectives from developing economies, this collection presents a unique insight into this complex area of geo-political and economic practice.

For many years, the United States has had established trade agreements with other countries to regulate the even flow of goods and maintain a healthy economy. But many of these entrenched trade agreements have now been upended, and with new tariffs being implemented, the global economic relationships between countries are changing. Will new tariffs help or hurt the United States and its traditional allies? How will U.S. industries be affected? With newer, more severe tariffs in place, bringing tariff retaliation from other trading partners, the future of trade relationships is shifting and uncertain.

With the introduction of significant tariffs on Chinese goods in 2018 and the resultant talk of a trade war between the United States and China, critical analysis has renewed itself on the usefulness of tariffs. Your readers will analyze whether tariffs are an effective means of political influence. They'll survey what effect tariffs will have on the domestic and global economy, and how tariffs will ultimately impact the future of trade. This volume offers opposing perspectives on tariffs and trade wars, further providing context on historical tariffs and global trade.

"An unprecedented trade war broke out between the world's two largest economies in 2018 and escalated subsequently. It is the first major economic conflict happened in the era of globalization, with its aftermath going far beyond trade. The trade war weighs heavily on China and the United States and threatens the world economy and the global trading system. This book provides a timely account of the US-China trade war with insights into its causes and consequences. Examining through the lenses of both history and theory, it analyses the context and causes of the trade war, the intertwined processes of tariff combat and trade negotiations, and the impacts on international trade, foreign direct investment, macroeconomic performance and firm behaviour. It also addresses the long-term strategic and geopolitical implications of the ongoing trade and economic confrontation. The book will appeal to those interested in international economics and politics, global governance and development"--

An unprecedented trade war broke out between the world’s two largest economies in 2018 and escalated subsequently. It is the first major economic conflict happened in the era of globalization, with its aftermath going far beyond trade. The trade war weighs heavily on China and the United States and threatens the world economy and the global trading system. This book provides a timely account of the US-China trade war with insights into its causes and consequences. Examining through the lenses of both history and theory, it analyses the context and causes of the trade war, the intertwined processes of tariff combat and trade negotiations, and the impacts on international trade, foreign direct investment, macroeconomic performance and firm behaviour. It also addresses the long-term strategic and geopolitical implications of the ongoing trade and economic confrontation. The book will appeal to those interested in international economics and politics, global governance and development.

US vs China: From Trade War to Reciprocal Deal gives readers an up close account on the rough-and-tumble trade talks between the US and China. The book provides a neutral and balanced perspective in addressing the historical, political and cultural backgrounds that had made US-China trade wars inevitable, but also explores how the two richest and most powerful countries and long-time rivals may eventually reach a consensus to support a bilateral trade agreement for the ages.

For many years, the United States has had established trade agreements with other countries to regulate the even flow of goods and maintain a healthy economy. But many of these entrenched trade agreements have now been upended, and with new tariffs being implemented, the global economic relationships between countries are changing. Will new tariffs help or hurt the United States and its traditional allies? How will U.S. industries be affected? With newer, more severe tariffs in place, bringing tariff retaliation from other trading partners, the future of trade relationships is shifting and uncertain.