Impacts of trade policy uncertainties on US-China bilateral trade
Ongan, Serdar and Gocer, Ismet (2025) Impacts of trade policy uncertainties on US-China bilateral trade. Chinese Economy. pp. 1-9. ISSN 1558-0954 (https://doi.org/10.1080/10971475.2025.2449716)
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Abstract
The escalating Sino-US trade war has led to a global economic contraction and increased trade policy uncertainties. This study examines the impacts of the US and China’s Trade Policy Uncertainties (TPU Indexes) on these countries’ Bilateral Trade Balances (BTBs). Empirical findings reveal that both increases and decreases in the TPU Indexes of both the US and China significantly affect their respective BTBs. Furthermore, it can be concluded that China’s trade policy or Chinese exporters-importers react to China’s trade policy uncertainty within China more than the US trade policy or US exporters-importers to US trade policy uncertainty within the USA. Another important conclusion is that China’s trade policy or exporters-importers react more to their own trade policy uncertainty than the US’s trade policy uncertainty within China. The policy implications generated from the empirical findings of this study for policymakers in both countries are presented in the paper’s final section.
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Item type: Article ID code: 91858 Dates: DateEvent6 January 2025Published6 January 2025Published Online1 January 2025Accepted24 October 2023SubmittedSubjects: Social Sciences > Economic Theory Department: Strathclyde Business School > Economics Depositing user: Pure Administrator Date deposited: 22 Jan 2025 10:29 Last modified: 22 Jan 2025 10:29 URI: https://strathprints.strath.ac.uk/id/eprint/91858