The Impact of US Tariff Policy on Global Trade Pattern and China’s Response Measures
- DOI
- 10.2991/978-94-6239-604-3_2How to use a DOI?
- Keywords
- US tariff policy; global trade pattern; countermeasures
- Abstract
The high tariffs adopted by the United States in recent years have caused the global value chain to shift from “efficiency” to “security” and “resilience”, making the regionalization and multi-centerization of the supply chain more obvious, and the multilateral trading system is also facing the risk of “fragmentation”. China has developed along the four main lines of “market diversification, expansion of domestic demand, re-layout of the supply chain, and counter-cyclical adjustment”: expanding the “Belt and Road” and RCEP markets, giving full play to the potential of domestic consumption and investment; establishing overseas production capacity in Southeast Asia, Latin America and other places and a unified domestic market; at the same time, through means such as reserve requirement ratio cuts, local currency swaps, and foreign trade funds, stabilize exchange rates, expectations and enterprises. Transform external shocks into new opportunities for industrial upgrading and rule-making, and enhance China’s initiative and resilience in the new international division of labor.
- Copyright
- © 2026 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Jiayi Zhong PY - 2026 DA - 2026/02/26 TI - The Impact of US Tariff Policy on Global Trade Pattern and China’s Response Measures BT - Proceedings of the 5th International Conference on Economic Development and Business Culture (ICEDBC 2025) PB - Atlantis Press SP - 4 EP - 13 SN - 2352-5428 UR - https://doi.org/10.2991/978-94-6239-604-3_2 DO - 10.2991/978-94-6239-604-3_2 ID - Zhong2026 ER -