125. Coronavirus and Trade Restrictions
Countries try to beat COVID-19 by limiting exports of medical supplies and cutting tariffs. Germany, France, South Korea and many more countries limit the exports of masks and protective gear for health workers, while the Trump administration quietly announces the exclusion of some medical products from its tariffs on China. Nadia Rocha (The World Bank) joins to discuss historical evidence on the “multiplier effect” of one country’s export restriction leading to another, and another…Read more…
- Soumaya Keynes. 2020. New trade barriers could hamper the supply of masks and medicines. The Economist, 11 March.
- Chad P. Bown. 2020. EU limits on medical gear exports put poor countries and Europeans at risk. PIIE Trade and Investment Policy Watch, 19 March.
- Chad P. Bown. 2020. Trump’s trade policy is hampering the US fight against COVID-19. PIIE Trade and Investment Policy Watch, 13 March.
- Nadia Rocha, Paolo Giordani, Michele Ruta. 2016. Food prices and the multiplier effect of trade policy. Journal of International Economics.
- Nadia Rocha, Paolo Giordani, Michele Ruta. 2012. Export policy and food price escalation. VoxEU.org, 9 May.