By: @hfadinger.bsky.social, Lei Li, Sophia Praetorius, Jan Schymik cepr.org/voxeu/column...
Beyond trade diversion: How the US-China trade war reshaped global production
Trade wars do not simply redirect exports; they also reshape the costs of production, disrupt supplier-customer relationships, and trigger adjustments within multinational firms’ global affiliate netw...
cepr.org