Trade War with China: Costs, Opportunities, Challenges, and Benefits

PIIE’s leading experts on China briefed Senate and House of Representatives committee staff members on Capitol Hill on the escalating US-China trade war. Chad P. Bown reviewed the costs and economic effects of the latest tariffs imposed by Washington and the impact of China’s retaliation. Mary E. Lovely assessed the impact on US-based multinationals. Martin Chorzempa answered questions about China’s advances in financial technology. The meeting was planned as the beginning of a new drive by PIIE to expand its Congressional outreach.