The persistence of trade policy beyond import tariffs (VOX)

Like other countries participating in the multilateral trading system, China agreed to limit the use of import tariffs when it joined the WTO. As this column shows, however, it continued to employ other instruments of trade policy, including a new set of restrictions on exports which partly restored the asymmetric treatment of Chinese industries embodied in its pre-WTO import tariffs. Today’s tariff wars appear to be just the latest example of an ongoing battle whose skirmishes have taken many forms.

https://voxeu.org/article/persistence-trade-policy-beyond-import-tariffs

Jason Garred

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