Relations (1)
Facts (3)
Sources
History of tariffs in the United States - Wikipedia en.wikipedia.org 1 fact
claimDouglas Irwin argued that the conditions driving the 'China shock' were unlikely to be repeated due to the slowing pace of urbanization and the declining working-age population in China.
Tariffs: Estimating the Economic Impact of the 2025 Measures and ... richmondfed.org 1 fact
claimThe "China shock" refers to economic disruptions characterized by rapid growth in imports from China following China's entry into the World Trade Organization in 2001.
The U.S.-China Trade Relationship | Council on Foreign Relations cfr.org 1 fact
referenceEconomists David Autor, David Dorn, and Gordon Hanson found that the economic costs of boosting trade with China, termed the “China Shock,” were more significant than those from increased trade with other nations like Japan due to the speed of import growth, the size of China’s low-wage workforce, and the range of affected industries.