Comments by Fukunari Kimura, on The Day After Tomorrow: Evaluating the Burden of Trump's Trade War

Abstract

February 01 2018 Comments by Fukunari Kimura, on The Day After Tomorrow: Evaluating the Burden of Trump's Trade War Author and Article Information Online Issn: 1536-0083 Print Issn: 1535-3516 © 2018 by the Asian Economic Panel and the Massachusetts Institute of Technology2018Massachusetts Institute of Technology Asian Economic Papers (2018) 17 (1): 121–122. https://doi.org/10.1162/asep_a_00593 Cite Icon Cite Permissions Share Icon Share Facebook Twitter LinkedIn MailTo Views Icon Views Article contents Figures & tables Video Audio Supplementary Data Peer Review Search Site Citation Comments by Fukunari Kimura, on The Day After Tomorrow: Evaluating the Burden of Trump's Trade War. Asian Economic Papers 2018; 17 (1): 121–122. doi: https://doi.org/10.1162/asep_a_00593 Download citation file: Ris (Zotero) Reference Manager EasyBib Bookends Mendeley Papers EndNote RefWorks BibTex toolbar search Search Dropdown Menu toolbar search search input Search input auto suggest filter your search All ContentAll JournalsAsian Economic Papers Search Advanced Search Fukunari Kimura: This paper uses a modified version of an Eaton and Kortum (2002) model in the multi-country, multi-sector general equilibrium setting and simulates possible effects of the imposition of high tariffs against imports from China by the United States and trade wars between the two countries. This is a timely paper showing the possible devastating cost of protectionism. The simulation technique is still relatively rare in the international trade literature, but this is the right way to use it. Since Donald Trump was elected President of the United States, we have been plagued with uncertainties in the international economic order. We have gradually learned that even President Trump cannot implement all the policies posted from his Twitter account. We still cannot predict the direction in which U.S. trade policy is heading because Trump's opinions originate from an old-fashioned 1980s pre-globalization understanding of trade (or even from a few centuries... You do not currently have access to this content.