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The Review of Economics and Statistics Vol. 106 No. 6 2024

The Impacts of the U.S. Trade War on Chinese Exporters

Yang Jiao1; Zhikuo Liu1; Zhiwei Tian2; Xiaxin Wang1

1 Fudan University · 2 Shanghai University of Finance and Economics

Abstract

This paper studies the impacts of the 2018 U.S. tariff surges on export prices and adjustments of sales across different markets of Chinese exporters. The finding that U.S. tariffs did not affect the free-on-board price of Chinese exports is robust to controlling for firm-related fixed effects. While firms’ exports to the United States dropped significantly, exports to the EU increased moderately and domestic sales or exports to other foreign markets were barely affected. Finally, by surveying managers of exporting firms, we shed light on potential impediments to firms’ adjustments of export prices and sales.

DOI
10.1162/rest_a_01229
Volume
106
Issue
6
Pages
1576-1587
Language
en
Sources
bibtex:phds-export.bib openalex crossref

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