Dive into the economic complexities of the US-China trade war with insights from the latest research by Fajgelbaum and Khandelwal. This episode explores the surprising findings of tariff pass-through rates, the distributional impacts on consumers and producers, and the broader implications for global trade dynamics. Perfect for anyone seeking to understand the nuanced interplay between two economic giants and the ripple effects on the global economy.

Keywords: Economics, Trade Policy, International Relations, US-China Relations, Tariffs, Economic Impact, US-China Trade War, Economic Pass-Through of Tariffs, Global Trade Dynamics, Fajgelbaum and Khandelwal Research, NBER Working Paper 29315, Trade Policy Analysis, Tariff Impact on Consumers, Trump, Biden