Foreign Affairs. January-February 2020

Who Is Winning the Trade War?

Foreign Affairs Brain Trust

We asked dozens of experts whether they agreed or disagreed that the trade war has hurt the United

States more than it has hurt China. The results are below.

20

10

0

STRONGLY

DISAGREE

DISAGREE NEUTRAL AGREE STRONGLY

AGREE

STRONGLY DISAGREE, CONFIDENCE LEVEL 8

Jason Furman

Professor of the Practice of Economic

Policy, Harvard Kennedy School; Senior

Fellow, Peterson Institute for International

Economics; former Chair, U.S. Council of

Economic Advisers

“China has suffered more economic damage from the

trade war, but it also likely has more political capacity

to resist a given amount of damage compared to the

United States.”

AGREE, CONFIDENCE LEVEL 8

Allison Carnegie

Associate Professor of Political Science,

Columbia University

“In addition to the economic costs of the tariffs

themselves, the trade war is jeopardizing the

United States’ long-term trade interests by

undermining its credibility and reputation as a

trading partner.”

See the full responses at ForeignAffairs.com/TradeWar

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