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The USA and China, the world's largest economic powers, have been engaging in trade war since January 2018. The impact of this trade war is felt not only by US and China but also by other economies who have economic ties with them. This book provides insights into damages caused by this trade war.
The first section of the book looks at the impact of the trade war on the global economy. It goes deeper to examine the trade war impact on the South Asian region. It is well-known that any imposition of new tariffs or an increase in existing tariffs would make imports more costly and render the exported goods less competitive. Yet, the book posits that the trade war has provided a window of opportunity to other countries not caught in it. The South Asian region, with countries like Bangladesh, India and Sri Lanka, has actually reaped benefits from the widening trade dispute between the world's two biggest economies.
This book will be a useful reference to help policymakers to undertake informed decisions and initiate programs to minimise the trade war impact.
List of contents
Section I: US-China trade war: Assessing the global economic implications 1. Global Economic Impact of US-China Trade Tensions 2. US-China Trade war: A new order or a secular decline of economic outlook? 3. US-China Trade War: An Analysis of Trade Relations 4. Impact of US-China Trade War on the Global Economy, Free Trade and WTO Section II: What is there for the regional Economy? 5. USA-China Trade War: An Opportunity for India 6. Implications of US-China trade war on India 7. US-China Trade War: The Potential Impact on Bangladesh 8. US-China Trade War: Trade and Investment Implications for Sri Lanka Section III: Decoding the benefit of preferential trading partners 9. US-China Trade War and the RCEP Negotiations: An Analysis 10. US-China Trade War: Impact on potential trade of their FTA partners Section IV: Is it for the establishment of technological supremacy? 11. The US-China Technology Conflict: Analysing the causes 12. Technology Rents and the New Great Game
About the author
Rahul Nath Choudhury is a trade economist currently associated with the Institute of South Asian Studies, National University of Singapore, as a Visiting Research Fellow. His primary research interest includes foreign direct investments, international trade, e-commerce, digital trade, and technology policy. Rahul has been freelance consultants for organizations like ADB, IFC, AEPC, CII, and a few MNCs as well. His work has appeared in The Straits Times, The Business Times, South China Morning Post, among other publications.
Summary
The USA and China, the world’s largest economic powers, have been engaging in trade war since January 2018. The impact of this trade war is felt not only by US and China but also by other economies who have economic ties with them. This book provides insights into damages caused by this trade war.
