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June 6, 2018
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China | Reignited China-US trade war and its implication on global value chain
We attempt to evaluate the impact of the newly announced 25% tariff on Chinese imports of USD 50 billion from the perspective of global value chain. The result shows that the newly proposed punitive measure from the US side can have limited impact on China’s growth and exports, even to a much less extent on other countries on the same global value chain.
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