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The U.S. trade deficit: made in China?

Author

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  • Chad P. Bown
  • Meredith A. Crowley
  • Rachel McCulloch
  • Daisuke J. Nakajima

Abstract

Rapid growth of the U.S. bilateral trade deficit with China has promoted a widespread view that the overall trade deficit is "made in China." The authors examine the probable consequences of increased protection directed toward U.S. imports from China. Their appraisal of recent and prospective U.S. trade policy focuses on textiles and apparel?sectors where the growth of imports from China has been prominent. They also consider the likely effects of yuan appreciation on the bilateral and overall trade deficits.

Suggested Citation

  • Chad P. Bown & Meredith A. Crowley & Rachel McCulloch & Daisuke J. Nakajima, 2005. "The U.S. trade deficit: made in China?," Economic Perspectives, Federal Reserve Bank of Chicago, vol. 29(Q IV), pages 2-18.
  • Handle: RePEc:fip:fedhep:y:2005:i:qiv:p:2-18:n:v.29no.4
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    Cited by:

    1. Bollino, Carlo Andrea, 2007. "Oil prices and the U.S. trade deficit," Journal of Policy Modeling, Elsevier, vol. 29(5), pages 729-738.
    2. Myeong Hwan Kim, 2014. "The U.S.--China Trade Deficit," The International Trade Journal, Taylor & Francis Journals, vol. 28(1), pages 65-83, March.
    3. Beretta, Silvio & Iannini, Giuseppe, 2007. "A US-EU Economic Block versus China? How Viable is it? A Note," Economia Internazionale / International Economics, Camera di Commercio Industria Artigianato Agricoltura di Genova, vol. 60(4), pages 409-420.

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    Keywords

    Balance of trade; Balance of trade - China;

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