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Trump Tariffs Primarily Hit Multinational Supply Chains, Harm US Technology Competitiveness

Author

Listed:
  • Mary E. Lovely

    (Peterson Institute for International Economics)

  • Yang Liang

    (Syracuse University)

Abstract

The Trump administration’s Section 301 tariffs are an ineffective response to US concerns about China’s high-technology aspirations. They are a prime example of 20th century tools aimed at the knowledge-embodying trade flows of the 21st century. Instead, these tariffs disadvantage American producers and harm US allies operating in East Asia while missing the mark on penalizing Chinese domestic firms that may have misappropriated US and other advanced economies’ technologies.

Suggested Citation

  • Mary E. Lovely & Yang Liang, 2018. "Trump Tariffs Primarily Hit Multinational Supply Chains, Harm US Technology Competitiveness," Policy Briefs PB18-12, Peterson Institute for International Economics.
    • Handle: RePEc:iie:pbrief:pb18-12
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    File URL: https://www.piie.com/publications/policy-briefs/trump-tariffs-primarily-hit-multinational-supply-chains-harm-us
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    Cited by:

    1. Bandyopadhyay, Subhayu & Basu, Arnab K. & Chau, Nancy H. & Mitra, Devashish, 2021. "The Pro-Trade Bias of Offshoring," Working Papers 313773, Cornell University, Department of Applied Economics and Management.
    2. Peter Eppinger & Gabriel J. Felbermayr & Oliver Krebs & Bohdan Kukharskyy, 2021. "Decoupling Global Value Chains," CESifo Working Paper Series 9079, CESifo.

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