2018/04/06

Some Thoughts on Chinese Tariffs on US Exports: Tariff Incidence, Value Added, Exchange Rates

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While the dollar amount trade covered by retaliation proposed by the Chinese is roughly the same as that of the US under Section 301 (around $50 billion), the tariffs of 25% is on gross value. This matters, since it's likely for most of the imports from the US to China, the US value added is close to 100%.

April 05, 2018 at 11:31PM

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