This paper investigates how exports respond to trade protection by studying the U.S.-China trade war in 2018. Using monthly customs data in China from January 2017 to May 2019, we find that the launch of the trade war against Chinese exports by the U.S., on average, reduces Chinese total exports...

Conventional literature generally believes that the signing of FTA will increase the trade between member countries, but it will damage the trade with non-member countries and reduce the overall level of global welfare. With the quasi-natural experiment of the signing of the China-Australia FTA...