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Advanced Concepts / September 1, 2021

China-US Trade War

Question A: The incidence of the latest round of US import tariffs is likely to fall primarily on American households. Question B: The impact of the tariffs – and any Chinese countermeasures – on US prices and employment is likely to be felt most heavily by lower income groups and regions.


Question A: The incidence of the latest round of US import tariffs is likely to fall primarily on American households.

Question B: The impact of the tariffs – and any Chinese countermeasures – on US prices and employment is likely to be felt most heavily by lower income groups and regions.