The Impact of Retaliatory Tariffs against US on China's Agricultural Imports
CHEN Long-jiang
ZHOU Xiao-ying
Abstract：In the recent Sino-US trade frictions,China was compelled to impose retaliatory tariffs,primarily targeting agricultural products.Building on a theoretical analysis of the restrictive,diversionary,and net effects of these tariffs on China's agricultural imports,this study employs a difference-in-differences(DID)model to empirically assess their impact on both import quantities and prices.The results indicate that:(1)The retaliatory tariffs significantly suppressed the quantity of agricultural imports from the United States and forced down the prices of U.S.agricultural products,demonstrating the effectiveness of the tariff measures;(2)The tariffs also generated a significant import diversion effect,leading China to increase agricultural imports from other countries and regions;(3)Overall,the tariff retaliation significantly increased the total volume of China's agricultural imports but did not raise the average import price.Therefore,in terms of agricultural trade itself,the retaliatory tariffs did not have a substantially negative impact on China's overall agricultural imports.
Keywords：Sino-US trade frictionsTariffsAgricultural productsImportDID
Publication Date：2025-08-25
Online Publishing Date：2025-09-26(First online date of this platform, not the publication date of the document)
Pages：7( 4-10 )