Topics: WORLD TRADE ORGANIZATION (WTO) IMPORT TARIFFS MANUFACTURING TARIFF LIBERALIZATION TARIFFS
Regions: CHINA
Co-Authors: LORENZO CALIENDO JOHN ROMALIS ALAN TAYLOR MARY AMITI MI DAI
China has become the world’s largest exporter, with a rapid rise in its world trade share just after it joined the WTO in 2001. This column finds that China’s WTO entry reduced the US m... READ MORE
Tariff barriers today are small on average, suggesting only limited welfare gains from their removal. This column argues, however, that the current generation of standard trade models have missed a... READ MORE