Retaliatory tariffs often lead to an escalation of US trade barriers in the short run, as observed when the US imposed its first tariffs against China and China retaliated.

Authors

• Person: Not available Organization: VoxEU
  Why the US and the WTO should part ways - CEPR

Sources

• Why the US and the WTO should part ways - CEPR cepr.org VoxEU via serper

Referenced by nodes (2)

• U.S. location
• China location