Dedman College of Humanities and Sciences Dedman College Research Economics Faculty News

U.S. and China trade war, and why experts disagree on its impact

Market News

Originally Posted: August 7, 2019

The ongoing trade war between the United States and China continues to make an impact on businesses even beyond the two nations’ borders.

U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin are currently meeting with Chinese diplomats in Shanghai to find a resolution. Until an agreement is reached though, businesses and consumers will continue to deal with the uncertainty.

“I don’t think there’s much optimism, or I’m pretty sure there is no optimism, that this round of talks is going to get very far,” Southern Methodist University Associate Professor of Economics James Lake said. READ MORE