Why hasn’t the impact of the trade war been greater?
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DOI: 10.1016/j.jpolmod.2020.03.007
Abstract: Abstract The macroeconomic effects of U.S. tariffs and foreign retaliation have been surprisingly small to date. Does this mean that the macroeconomic effects of the collapse of the global trading system would also be limited?… read more here.
Keywords: impact trade; trade war; war greater;