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Why Tariff and Trade War?

Jingyu Song

Abstract


By see the tariffs and trade wars in different time periods, each countries’ aim to start the trade war and tariff are protecting themselves. Analyzing and comparing the tariff acts in the colonial and antebellum period, the trade conflicts between the United States and Japan in the 1980s, and 2019’s China-United States trade war, we can see how tariffs work the same but also different in different time periods. 


Keywords


Tariff; Trade War; Colonial Period; China-United Trade War

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References


Hemmings J, Amedeo J. Lessons from the America-Japan trade war of the 1980s [Internet]. The National Interest 2018. Available from: https://nationalinterest.org/feature/lessons-america-japan-trade-war-1980s-24882.

Meltzer JP, Shenai N. The US-China economic relationship: A comprehensive approach. Global Economy and Development at Brookings 2019; 1–24.

The Economist. Donald Trump has caused panic among millions of WeChat users [Internet]. 2020. Available from: https://www.economist.com/china/2020/08/13/donald-trump-has-caused-panic-among-millions-of-wechat-users.

The US-China Business Council. Understanding the US-China trade relationship [Internet]. Available from: https://www.uschina.org/reports/understanding-us-china-trade-relationship.




DOI: http://dx.doi.org/10.18686/fm.v5i4.2693

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