The macroeconomic fallout from a China-US trade war

For many companies the effects of the US and China imposing tariffs on all their bilateral trade would be substantial. But the macroeconomic consequences for the two countries, let alone the wider world, would be surprisingly small. Both are fairly closed economies, and trade volumes should hold up well.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.
By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.

Already a client or trialist? Log in to read this.