Mentions
Laurent Ferrara @FerraraLaurent
·
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