Proceedings of the 2023 5th International Conference on Economic Management and Cultural Industry (ICEMCI 2023)

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A Comparative Study of Tariff Policy Reforms in China and the United States in the 1920s and 1930s

Authors
Jianbo Zhou1, *, Shuhai Zhang2, Haochen Liu2, Fangs Hou2
1School of Economics, Beijing University, Beijing, 100000, China
2International Education, Beijing No.8 High School, 100000, Beijing, China
*Corresponding author. Email: Zhoujianbo@pku.edu.cn
Corresponding Author
Jianbo Zhou
Available Online 14 February 2024.
DOI
10.2991/978-94-6463-368-9_3How to use a DOI?
Keywords
tariff policy; tariff autonomy; the National Government in Nanjing; high tariff policies of the Hoover Administration; the Great Depression; free trade policies of the Roosevelt Administration
Abstract

This paper focuses on the comparative study of tariff policy reforms in China and the United States in the 1920s to 1930s. By analyzing tariff policy reforms in China and the U.S., this paper makes a comparative analysis from the targets of the reforms and the effects on the two countries. Comparative study of the paper shows that although being at completely different levels of economic development, China and the United States at that time both made tariff policy reforms which share some similarities in the objectives, but their emphases differ. The conclusion of this paper is that the tariff policy is a double-edged sword and when adopting the tariff policy, governments need to follow international trade rules and define trade boundaries, avoid being affected by short-term political thoughts.

Copyright
© 2024 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.

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Volume Title
Proceedings of the 2023 5th International Conference on Economic Management and Cultural Industry (ICEMCI 2023)
Series
Advances in Economics, Business and Management Research
Publication Date
14 February 2024
ISBN
978-94-6463-368-9
ISSN
2352-5428
DOI
10.2991/978-94-6463-368-9_3How to use a DOI?
Copyright
© 2024 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

risenwbib
TY  - CONF
AU  - Jianbo Zhou
AU  - Shuhai Zhang
AU  - Haochen Liu
AU  - Fangs Hou
PY  - 2024
DA  - 2024/02/14
TI  - A Comparative Study of Tariff Policy Reforms in China and the United States in the 1920s and 1930s
BT  - Proceedings of the 2023 5th International Conference on Economic Management and Cultural Industry (ICEMCI 2023)
PB  - Atlantis Press
SP  - 13
EP  - 23
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-368-9_3
DO  - 10.2991/978-94-6463-368-9_3
ID  - Zhou2024
ER  -