US researchers found that tariffs hurt the American economy and did not force China to change its policies. Photo: Shutterstock
US researchers found that tariffs hurt the American economy and did not force China to change its policies. Photo: Shutterstock

US-China trade war did not bring American firms home, research finds

  • Foreign investment into China hit a record US$144.4 billion in 2020, while firms exiting China did not leave because of tariffs, US researchers say
  • Decoupling has been ‘greater in the minds of politicians and pundits than the reality of firms in China’

Topic |   US-China trade war
US researchers found that tariffs hurt the American economy and did not force China to change its policies. Photo: Shutterstock
US researchers found that tariffs hurt the American economy and did not force China to change its policies. Photo: Shutterstock
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