Rather Than COVID-19, is the US-China Trade War the Real Threat to Global Supply Chains?

2020 ◽  
Vol 12 (03) ◽  
pp. 5-18
Author(s):  
Troy STANGARONE
Keyword(s):  
International Trade ◽  
Supply Chains ◽  
Global Supply Chains ◽  
The Real ◽  
China Trade ◽  
The Us ◽  
Trade War

COVID-19 has raised questions about the resiliency and robustness of global supply chains. While firms will learn from the pandemic as they did from prior disasters to improve their supply chains, COVID-19 is more likely to accelerate existing trends in international trade and the US-China trade war than to reshape global supply chains. ASEAN remains well placed to continue to benefit from these trends.

scholarly journals Comprehensive Broiler Supply Chain Model with Vertical and Horizontal Linkages: Impact of US–China Trade War and USMCA

2020 ◽  
Vol 52 (3) ◽  
pp. 368-384
Author(s):  
Hakan Unveren ◽  
Jeff Luckstead
Keyword(s):  
International Trade ◽  
Supply Chain ◽  
Soybean Meal ◽  
Value Added ◽  
Production Costs ◽  
Chain Model ◽  
China Trade ◽  
Supply Chain Model ◽  
The Us ◽  
Trade War

AbstractThis paper builds a comprehensive supply chain model of the US broiler industry that accounts for corn and soybean meal, feed mills, breeders, hatcheries, grow-out farms, broiler processing, value-added processing, and international trade. The model is calibrated and simulated to analyze the effects of (1) corn and soybeans tariffs imposed by China and (2) change in the Canadian tariff-rate quota proposed under US–Mexico–Canada–Agreement. The first scenario indicates that feed price falls while supply increases, which decreases the production costs of breeders and grow-out farms. The second scenario shows that exports to Canada rise at the expense of exports to Mexico.

SWOT Analysis in US-China Trade War

2019 ◽  
pp. 31-39
Author(s):  
Pidvysotskyi Yan
Keyword(s):  
International Trade ◽  
Swot Analysis ◽  
Weak Links ◽  
Trade Barriers ◽  
China Trade ◽  
World Markets ◽  
The Us ◽  
The World ◽  
Trade War ◽  
Economic Capacity

The purpose of the article is to analyze the strengths, weaknesses, opportunities and threats of the US and China, and to identify the factors that will helpwin or lose a particular party to the conflict in the future. The methodologyof thestudy is to use a set of methods: dialectical, statistical, historical, comparative.The scientific novelty of the work is to determine, on the basis of SWOT, thewinning factors in the fight for the world markets. Conclusions. Both the US andChina have strengths in international trade that allow them to develop withoutharming each other. At the same time, there are weak links that opponents try touse in trade events, such as dependence on certain products or internal trade barriers. Weakening economic capacity is considered a threat, and each country triesto protect itself through customs or tariff restrictions. Prolonged confrontationbetween countries can lead to another recession or crisis, therefore countries mustseek compromise.

Assessing the factors and manifestations of global imbalancesin international trade: the impact of the US-China trade waron Ukraine

2019 ◽  
pp. 14-30
Author(s):  
Borzenko Elena ◽  
Panfilova Tamara
Keyword(s):  
International Trade ◽  
Global Economy ◽  
Capital Investment ◽  
Business Models ◽  
Global Imbalances ◽  
Barriers To Entry ◽  
China Trade ◽  
The Us ◽  
Trade War ◽  
The Impact

The purpose of the article is to reveal the essence of global imbalances andassess the impact of the US-China trade war on the development of the worldeconomy. The methodology of the study is to use a set of methods: dialectical, statistical,historical, comparative. The scientific novelty is to uncover the problem of globalimbalances, which is one of the fundamental problems in the development of theworld economy. A comparative study of global imbalances that are the drivers ofregional and global crises has been conducted. The trade war between China andthe US is analyzed, which is caused not only by the accumulation of problems inbilateral relations, but also by the displacement of geo-economic positions of theleading countries of the world. Conclusions-In general, the US-China trade conflictis a dangerous signal, indicating that the global economy is increasingly fragmented,but it is almost impossible to keep capital investment within national borders.Digital business models and ecosystems that are becoming more relevant are ableto operate only on the basis of low barriers to entry, ie only in open conditions.In all contexts, it is not necessary to count on the complete decay of the US-Chinatrade conflict, due to the growing strategic competition between the two countries.Global consensus in international trade has long been based on the fact that it isprofitable for all countries. However, neoliberal ideas did not take into accountthat inequality between countries could grow very fast and a number of countrieswould be dissatisfied with free trade, globalization and openness. The lack of soundregulatory mechanisms has led to new economic problems in China (in particular,uneven income distribution).

scholarly journals The Dimensions of the US-China Trade War

2020 ◽  
Vol 3 (1) ◽  
pp. 47-55
Author(s):  
Mohamad Zreik
Keyword(s):  
United States ◽  
Indian Ocean ◽  
Free Trade ◽  
The United States ◽  
Bilateral Agreements ◽  
China Trade ◽  
The Pacific ◽  
The Us ◽  
The Indian Ocean ◽  
Trade War

AbstractThe Chinese Ministry of Commerce issued a statement Friday morning, July 6, 2018, confirming the outbreak of a trade war between the United States and China. The statement came after the United States imposed tariffs on many Chinese goods, in violation of international and bilateral agreements, and the destruction of the concept of free trade which the United States calls for following it. It is a war of opposite directions, especially the contradiction between the new Trump policy and the Chinese approach. The proof is what US Defense Secretary James Matisse announced in Singapore in early June 2018 of “the full strategy of the new United States, in the Indian Ocean and the Pacific,” where China was the “sole enemy of the United States” in China’s geostrategic region. Intentions have become publicized, and trade war between the two economic giants is turning into a reality. This paper will give an overview of the US-China scenario of trade war, then a focused analysis on the Trump’s administration economic decision regarding China, and the consequences of this decision.

The Thucydides Trap as an Alternative Explanation for the US–China Trade War

2020 ◽  
Vol 12 (1) ◽  
pp. 42-55 ◽  
Author(s):  
Imad A. Moosa
Keyword(s):  
Alternative Explanation ◽  
Bilateral Trade ◽  
National Income ◽  
Trade Deficit ◽  
Basic Principles ◽  
China Trade ◽  
The Us ◽  
The Usa ◽  
Thucydides Trap ◽  
Trade War

The current trade war between the USA and China is perceived to be motivated by the US desire to curtail the bilateral trade deficit, on the assumption that reducing the deficit boosts economic growth. This flawed proposition indicates gross misunderstanding of the national income identity and the basic principles of macroeconomics. The imposition of tariffs will not reduce the trade deficit as the assumptions and conditions required for a smooth working of the process are unrealistic and counterfactual. The notion of an economic Thucydides trap is put forward to explain why the trade war is motivated by US apprehension about China’s rising economic power.

scholarly journals Forecasting Bitcoin returns: is there a role for the US–China trade war?

2021 ◽  
Author(s):  
Vasilios Plakandaras ◽  
Elie Bouri ◽  
Rangan Gupta
Keyword(s):  
China Trade ◽  
The Us ◽  
Trade War

scholarly journals A Model for Companies to Overcome US–China Conflict on International Trade

2019 ◽  
Vol 5 ◽  
pp. 1
Author(s):  
Miguel Sousa ◽  
Maria J. Sousa ◽  
Rui Cruz ◽  
◽  
◽  
...  
Keyword(s):  
International Trade ◽  
Research Question ◽  
Main Research ◽  
Trade Relations ◽  
China Trade ◽  
Economic Forces ◽  
The Us ◽  
Physical Forces ◽  
The Government ◽  
Chinese Company

This article aims to study international trade specificity and the main activities of Chinese companies in US markets. It addresses the strategic tools of companies and their application in a global and very competitive market, framed by public policies and governments' strategies. It explores the principles of the internal and external environment of the countries. The main research question is: what are the dimensions of a model to potentiate the US–China Companies? The principal methodology used in this research was a literature review, and the analysis was based on the papers that research the theme US and China trade relations. The findings reflect that international trade is conditioned by the government politics, and there are several other obstacles that a US or Chinese company need to overcome: (a) economic forces; (b) technological forces; (c) political–legal forces; (d) sociocultural forces; and (e) physical forces.

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