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The Impact of the US–China Trade War on the European Union

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  • Sebastien Goulard

Abstract

Since April 2018, the USA and China have been engaged in a trade war. Because of the importance of these two countries in world trade, this dispute does affect not only the Chinese and American economies but also the entire world. Several studies have shown the impact of this dispute on different countries in Asia, but little was done to study the effect on European Union (EU) member states. The trade war between the USA and China should not let us forget the trade disputes between Washington and Brussels on one hand and EU–China trade differences on the other hand. This article will take stock of European policy towards the USA and China in this trade war; we will study the consequences of the US–China trade war on the exchanges between Europe and China and analyze the possible diversion created by this trade war for the European market.

Suggested Citation

  • Sebastien Goulard, 2020. "The Impact of the US–China Trade War on the European Union," Global Journal of Emerging Market Economies, Emerging Markets Forum, vol. 12(1), pages 56-68, January.
    • Handle: RePEc:sae:emeeco:v:12:y:2020:i:1:p:56-68
    DOI: 10.1177/0974910119896642
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    References listed on IDEAS

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    1. Bac, Mehmet & Raff, Horst, 1997. "A theory of trade concessions," Journal of International Economics, Elsevier, vol. 42(3-4), pages 483-504, May.
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    Cited by:

    1. Byeongho Lim & Jeongho Yoo & Kyoungseo Hong & Inkyo Cheong, 2021. "Impacts of Reverse Global Value Chain (GVC) Factors on Global Trade and Energy Market," Energies, MDPI, vol. 14(12), pages 1-17, June.
    2. Jan Harst, 2023. "The European Commission and the “Europeanisation” of EU trade diplomacy: the case of EU-China relations, 1999–2021," Asia Europe Journal, Springer, vol. 21(3), pages 413-427, September.
    3. Sjöholm, Fredrik, 2023. "Navigating the New Normal: The European Union's Changing Stance on Globalization in the Era of Trade Conflicts," Working Paper Series 1466, Research Institute of Industrial Economics.

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    More about this item

    Keywords

    Trade war; EU; China; trade diversion;
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