Trade Wars

*The articles in this journal can be purchased at Wiley Online Library.

Summary of this issue

　The prolonged China-US trade war is not only an issue between the two countries, but also casting shadow over global economy. The conflict between the two countries is not limited to trade alone but it has spilled over into currency, technology, and national security issues. The tension between the two countries is bringing huge risks to the world economy. In this issue of AEPR, many trade war related issues were discussed: What’s behind the Trump’s protectionism, causes, prospects and impacts of the China-US trade war, lessons learned from the trade wars during interwar period, and consideration of OPAs and WTO reform.

Articles in this issue

Trade Wars: Editors’ Overview
　Takatoshi ITO (Columbia University)
　Kazumasa IWATA (Japan Center for Economic Research)
　Colin MCKENZIE (Keio University)
　Shujiro URATA (Waseda University)

Protectionism under Trump: The China Shock, Deplorables, and the First White President
　　Marcus NOLAND (Peterson Institute for International Economics and the East-West Center)

The China–US Trade War: Deep‐Rooted Causes, Shifting Focus and Uncertain Prospects
　Chi Hung KWAN (Nomura Institute of Capital Markets Research)

Evaluating the Impact of the US–China Trade War
　Ken ITAKURA (Nagoya City University)

Trade Wars and the World Trade Organization: Causes, Consequences, and Change
　Bernard HOEKMAN (European University Institute & CEPR)

Trade Blocs and Trade Wars during the Interwar Period
　David JACKS (Simon Fraser University & NBER)
　Dennis NOVY (University of Warwick & CEPR)

US–Japan Trade Frictions: The Past, the Present, and Implications for the US–China Trade War
　Shujiro URATA (Waseda University)