Research on the Effect of Rise in US Tariff on Chinas Import and Export Trade

This essay researches the impact of the rise in US-China tariff the trade of Chinese imports and exports, using different methodologies or equations from different researchers. After 2018, the United States began to impose increasing amounts of tariffs on imported commodities from China with approximately 10% and 25% on different volumes of products, which indeed affects the Chinese trade market status and GDP. This paper will not only discuss the implications, but also discuss the results of future trends and relationships between the United States and China after the release of the tariff policy. From the research, complicated effects with multiple aspects will be caused by the alternation of tariffs. The most obvious implications are definitely Chinese GDP, as tariff increases the price of exported products to consumers from the United States and decline affordability of Chinese goods to them. Thus, the net export will reduce as a component of GDP. However, some researchers observe that Chinese exporters still maintain the same level of volume of goods to the US because they quickly reduce the shipment before the implementation date of the tariff policy.