Whitepaper - August 2018

In Trade War, the US Skates While China Suffers – So Far

China wounded by higher sensitivity to non-energy commodities

The short-term effects of the escalating trade war between the US and China have been rather lopsided thus far – quite positive for the US and negative overall for China. Given the differences in the two countries’ sensitivities to non-energy commodities, which are bearing the brunt of the turmoil, the results are not that surprising.


Diana R. Baechle, PhD

Director, Applied Research