Summary Prospects for a trade war are transitioning from a looming threat to looming policy. While most of the latest proposal is now on ice, our model simulations demonstrate how the latest round of proposed tariffs could introduce a modest stagflationary shock by negatively impacting growth and temporarily boosting inflation. Begun the Trade War Has…
In a recent move that escalates the ongoing China and US trade war, the U.S. House of Representatives approved the BIOSECURE Act, a legislative measure aimed at restricting U.S. companies from collaborating with several China-based biotechnology firms. This article China and US Trade War Update: The Biosecurity Act just went next level—what it means for…
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