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Research Handbook on Trade Wars
The Research Handbook on Trade Wars presents an informative and in-depth account of the origins, dynamics, and implications of trade wars, which are growing both in scale and scope in today’s increasingly interdependent global economy. Providing the frameworks necessary for understanding the political and economic logics of trade wars, this Handbook will be a valuable source of reference for researchers, government officials, businesses, and post-graduate students interested in international political economy, international economics, economic statecraft, public policy, and international relations.
More Information
Critical Acclaim
Contributors
Contents
More Information
The Research Handbook on Trade Wars presents an informative and in-depth account of the origins, dynamics, and implications of trade wars, which are growing both in scale and scope in today’s increasingly interdependent global economy. Timely and comprehensive, it provides a holistic understanding of trade wars, including not only the domestic and international factors that influence the pattern of trade war onset and escalation, but also the stakeholders and processes that shape the outcomes of such highly intense trade conflicts.
Leading scholars in the field present original and thought-provoking research material, critically engage with academic and policy debates, and make theoretical contributions as well as valuable policy recommendations. In addition to its in-depth analysis of the global, domestic, political, and economic origins of trade wars, this Research Handbook also examines the variation in the scope of trade wars, the forum for dispute settlement, the factors that influence the pattern of dispute escalation, and the linkages between national security considerations and commercial conflicts.
Providing the frameworks necessary for understanding the political and economic logics of trade wars, this Handbook will be a valuable source of reference for researchers, government officials, businesses, and post-graduate students interested in international political economy, international economics, economic statecraft, public policy, and international relations.
Leading scholars in the field present original and thought-provoking research material, critically engage with academic and policy debates, and make theoretical contributions as well as valuable policy recommendations. In addition to its in-depth analysis of the global, domestic, political, and economic origins of trade wars, this Research Handbook also examines the variation in the scope of trade wars, the forum for dispute settlement, the factors that influence the pattern of dispute escalation, and the linkages between national security considerations and commercial conflicts.
Providing the frameworks necessary for understanding the political and economic logics of trade wars, this Handbook will be a valuable source of reference for researchers, government officials, businesses, and post-graduate students interested in international political economy, international economics, economic statecraft, public policy, and international relations.
Critical Acclaim
‘The chapters in this impressive Research Handbook range from deeper dives into particular trade spats to higher-altitude analyses of their causes and consequences. Scholars especially interested in the US-China trade war will find a wealth of content. Instructors will find much connecting current events with course material about international political economy.’
– Stephen Chaudoin, Harvard University, US
‘This is the most comprehensive study of trade wars, their causes, as well as their consequences. The questions raised in this book should be valuable input to academics and practitioners alike who are concerned by today’s increasingly uncertain environment.’
– Petros C. Mavroidis, Columbia Law School, US
– Stephen Chaudoin, Harvard University, US
‘This is the most comprehensive study of trade wars, their causes, as well as their consequences. The questions raised in this book should be valuable input to academics and practitioners alike who are concerned by today’s increasingly uncertain environment.’
– Petros C. Mavroidis, Columbia Law School, US
Contributors
Contributors: Timm Bet, Sam Biasi, Gerald Chan, J. Tyson Chatagnier, Louise Curran, David A. Deese, Dirk De Bièvre, Jappe Eckhardt, Patrick J.W. Egan, David Gantz, Kristi Govella, Marcia Don Harpaz, Thomas Hout, Faizel Ismail, Wei Liang, Imad Moosa, Junji Nakagawa, Seung-Youn Oh is, James Paradise, Arlo Poletti, Lu Sun, Emile van Ommeren, Kristin Vekasi, Gary Winslett, Aydin B. Yildirim, Peter K. Yu, Ka Zeng, Jiakun Jack Zhang
Contents
Contents:
1 Introduction: trade wars past and present: causes, dynamics and consequences 1
Ka Zeng and Wei Liang
PART I THE GLOBAL ORIGINS OF TRADE WARS: MARKET
CHANGES AND INSTITUTIONAL CONSTRAINTS
2 The structure of international trade, global value chains and trade wars
in the twenty-first century 27
Louise Curran and Jappe Eckhardt
3 Financial crises and trade wars: has globalization failed to deliver? 47
David A. Deese and Sam Biasi
4 Multilateral trade governance and the US–China Trade War (2018‒) 63
Faizel Ismail
PART II THE DOMESTIC ORIGINS OF TRADE WARS
5 Preferences, domestic institutions and trade wars 82
Timm Betz and Lu Sun
6 The trade Zax: explaining when regulatory disputes escalate into trade wars 112
Gary Winslett
7 The uneven impact of exchange rate movements on trade disputes 130
Patrick J.W. Egan
8 US trade deficit as an American problem 151
Imad Moosa
PART III SCOPE, PROCESSES AND DYNAMICS OF TRADE WARS
9 Escalation, economic coverage and institutional scope in trade wars 175
Dirk De Bièvre and Emile van Ommeren
10 The strategic calculus of WTO dispute initiation: evidence from the
United States 191
J. Tyson Chatagnier, Arlo Poletti and Aydin B. Yildirim
11 Economic rivals, security allies: the US–Japan trade war 209
Kristi Govella
PART IV CASE IN POINT: THE TIT-FOR-TAT OF THE US–CHINA
TRADE WAR (2018‒)
12 The US–China trade war of 2018‒2020: origins and consequences 231
Thomas Hout
13 American multinational corporations and the U.S.–China trade war 252
Jiakun Jack Zhang
14 US–China intellectual property trade wars 271
Peter K. Yu
15 “Forced” technology transfer and China’s industrial policy: a case of
study high-speed rail 288
Gerald Chan
PART V AMERICA FIRST: TRUMP’S TRADE OFFENSIVE
AGAINST US ALLIES AND NEIGHBORS
16 US–EU trade war: a new page from an old playbook? 304
Marcia Don Harpaz
17 Japan–US trade “war” under the Trump Administration: from the US’
withdrawal from the TPP to the Japan–US trade agreement 326
Junji Nakagawa
18 United States–South Korea trade conflict: economic and security issues
in the Trump era and beyond 341
James F. Paradise
19 USMCA, Covid-19 and the US–China trade war: North America’s
shifting supply chains 361
David A. Gantz
PART VI FLASHPOINTS: TRADE WARS IN THE ASIA-PACIFIC
20 Trade wars at the intersection of memory and industrial policy in Japan
and South Korea 381
Kristin Vekasi
21 Navigating the triple dilemma: South Korea’s trade disputes with
neighboring countries in the era of politicized economic interdependence 398
Seung-Youn Oh
Index
1 Introduction: trade wars past and present: causes, dynamics and consequences 1
Ka Zeng and Wei Liang
PART I THE GLOBAL ORIGINS OF TRADE WARS: MARKET
CHANGES AND INSTITUTIONAL CONSTRAINTS
2 The structure of international trade, global value chains and trade wars
in the twenty-first century 27
Louise Curran and Jappe Eckhardt
3 Financial crises and trade wars: has globalization failed to deliver? 47
David A. Deese and Sam Biasi
4 Multilateral trade governance and the US–China Trade War (2018‒) 63
Faizel Ismail
PART II THE DOMESTIC ORIGINS OF TRADE WARS
5 Preferences, domestic institutions and trade wars 82
Timm Betz and Lu Sun
6 The trade Zax: explaining when regulatory disputes escalate into trade wars 112
Gary Winslett
7 The uneven impact of exchange rate movements on trade disputes 130
Patrick J.W. Egan
8 US trade deficit as an American problem 151
Imad Moosa
PART III SCOPE, PROCESSES AND DYNAMICS OF TRADE WARS
9 Escalation, economic coverage and institutional scope in trade wars 175
Dirk De Bièvre and Emile van Ommeren
10 The strategic calculus of WTO dispute initiation: evidence from the
United States 191
J. Tyson Chatagnier, Arlo Poletti and Aydin B. Yildirim
11 Economic rivals, security allies: the US–Japan trade war 209
Kristi Govella
PART IV CASE IN POINT: THE TIT-FOR-TAT OF THE US–CHINA
TRADE WAR (2018‒)
12 The US–China trade war of 2018‒2020: origins and consequences 231
Thomas Hout
13 American multinational corporations and the U.S.–China trade war 252
Jiakun Jack Zhang
14 US–China intellectual property trade wars 271
Peter K. Yu
15 “Forced” technology transfer and China’s industrial policy: a case of
study high-speed rail 288
Gerald Chan
PART V AMERICA FIRST: TRUMP’S TRADE OFFENSIVE
AGAINST US ALLIES AND NEIGHBORS
16 US–EU trade war: a new page from an old playbook? 304
Marcia Don Harpaz
17 Japan–US trade “war” under the Trump Administration: from the US’
withdrawal from the TPP to the Japan–US trade agreement 326
Junji Nakagawa
18 United States–South Korea trade conflict: economic and security issues
in the Trump era and beyond 341
James F. Paradise
19 USMCA, Covid-19 and the US–China trade war: North America’s
shifting supply chains 361
David A. Gantz
PART VI FLASHPOINTS: TRADE WARS IN THE ASIA-PACIFIC
20 Trade wars at the intersection of memory and industrial policy in Japan
and South Korea 381
Kristin Vekasi
21 Navigating the triple dilemma: South Korea’s trade disputes with
neighboring countries in the era of politicized economic interdependence 398
Seung-Youn Oh
Index
