Full Prof. @SKEMA_BS / Macro, Int'l Eco, Forecasting, Big Data / @Q3Techno, @AfseContact, @CAMacroAnalysis, Director @IIForecasters / ex HoD @banquedefrance
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Laurent Ferrara @FerraraLaurent
ยท
Nov 15, 2019
Very clear post to understand why the US trade deficit with China is overestimated, using the Iphone X example. As a 25% rise in tariffs cannot be compensated by reasonable yuan depreciation, MNEs are likely to shift part of value chains out of China @voxeu @BaldwinRE
Paper
Nov 11, 2019