Where Does China-US Trade Go From Here?

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Where Does China-US Trade Go From Here?

Chad Bown, Liu Luxin, Zongyuan Zoe Liu, and Tu Xinquan on the current state and future prospects of China-U.S. trade.

We are now four years into the so-called trade war between China and the U.S., with no end in sight. In 2018, the Trump administration placed a series of tariffs on billions’ worth of Chinese imports. China retaliated in kind. The Biden administration has kept those tariffs in place while expanding the list of sanctioned Chinese companies. If anything, trade tensions have only grown as the competition for technology dominance intensifies and both the U.S. and China seek to accelerate economic “decoupling” from a major rival.

What does all this mean for the future of China-U.S. trade? Is decoupling really desirable — or even possible? How will broader geopolitical tensions impact trade talks (and trade volumes) between the two countries?

On August 31, 2022, The Diplomat and Intellisia Institute co-hosted a webinar bringing together experts from China and the United States to discuss the future prospects of China-U.S. trade relations.

Featuring Chad P. Bown, Reginald Jones Senior Fellow at the Peterson Institute for International Economics; Liu Luxin, an assistant professor at the School of International Studies, Renmin University of China; Zongyuan Zoe Liu, a fellow for international political economy at the Council on Foreign Relations; and Tu Xinquan, dean and professor of the China Institute for WTO Studies of University of International Business and Economics (UIBE).