The Phase One Trade Deal: Projections and Implications

Chad Hart and Lee Schulz

Center for Agricultural and Rural Development (CARD) Publications from Center for Agricultural and Rural Development (CARD) at Iowa State University

Abstract: Chad Hart and Lee Schulz examine the "Phase One" trade deal and determine how it will affect US imports and exports and trade relations with major trading partners. Hart and Schulz find that the USMCA and Japan agreements concentrate on solidifying existing trade flows, rather than significantly expanding trade opportunities. The new trade deals maintain and protect US trading relationships with Canada, Mexico, and Japan, with the prospect for continued, but limited, growth. The China deal, on the other hand, has the potential to radically change global trade flows. Hart and Schulz are both CARD and Extension economists. Hart is a crop market specialist and Schulz is a livestock industry specialist. Schulz and Hart's APR articles examine the largest factors currently influencing some of the United States' largest agricultural industries ( Production Projections and Trade Adjustments and Volatile Prices and Profit Margins ).

Date: 2020-02
New Economics Papers: this item is included in nep-int
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.card.iastate.edu/ag_policy_review/article/?a=105 Full Text (text/html)
https://www.card.iastate.edu/ag_policy_review/pdf/winter-2020.pdf Full Issue Text (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ias:cpaper:apr-winter-2020-3

Access Statistics for this paper

More papers in Center for Agricultural and Rural Development (CARD) Publications from Center for Agricultural and Rural Development (CARD) at Iowa State University Contact information at EDIRC.
Bibliographic data for series maintained by ().