ASEAN’s Trade and Investment in a Fragmented World Download PDF More Formats on IMF eLibrary Order a Print Copy ProCite RefWorks Reference Manager This paper examines the short- and medium-term effects of the 2018–19 China-U.S. tariff increases on the trade and investment flows of ASEAN member economies. Using granular trade data, we demonstrate that several ASEAN countries experienced a disproportionate growth in exports of products that were targeted by these tariffs.
