The True Impact of the US-China Trade War
This research project looks at how the US-China trade war, which began in 2018, changed the global economy. It traces the move from decades of fast “hyper-globalisation” to a more fragmented, strategically managed trade system. It looks at what tariffs did to prices, industries, and farmers in the short run, and at how companies reshaped their supply chains through reshoring, near-shoring, and the “China Plus One” strategy. It then asks who won and who lost, across households, advanced and developing economies, and different sectors. The project ends with policy lessons on balancing economic efficiency, supply chain resilience and national security.
Mentored and Supervised by: Konstantinos Gkiokas, BSc Economics, University of Warwick
Research & Writing by CLC’s students: Katerina Karelia, Angelina Mitrou, George Skaragas, Angelos Koutoupis
