U.S-China trade war

Washington and Beijing have entered a phase of hardened rhetoric, reciprocal sanctions, and reduced people-to-people engagement. The risk of miscalculation is now dangerously high.

Zheng Yongnian provides his recommendations for China to “remain undefeatable” amid both tariffs and the broader competition with the U.S. 

Trump started the trade war, but Asia’s response is what matters.

The two sides are locked in a tit-for-tat battle of soaring tariffs, with neither willing to back down.

The inconsistent trade policy coming from Washington leaves Beijing with no clear path to take to get out of the crosshairs. That leaves retaliation as the most likely response.

American companies caught in the middle of China-U.S. competition should remember: all geopolitics is local.

International trade, with the U.S. and China at the forefront, is undergoing a paradigmatic shift away from free trade and toward an aggressive form of neo-mercantilism.

Trump has expanded presidential power since the first trade war with China, wresting a significant portion of foreign economic policymaking authority from Congress.

As Trump's new 10 percent tariffs on all Chinese imports took effect, China hit back with tariffs and sanctions of its own.

Reported tariff assessments and changing trade patterns from 2018 to today tell a striking story of loopholes and weak enforcement in U.S. tariffs on China.

China is modernizing its economic statecraft, mirroring Washington’s approach. How might Beijing leverage these evolving policy tools to navigate the ongoing trade and tech wars?

The bill would “suspend normal trade relations” with China and increase tariffs on all Chinese exports to the United States to at least 35 percent.

If China is able to seize the opportunity to revitalize its domestic economy and invigorate the multilateral system, Trump’s trade war 2.0 could end up a strategic gift to Beijing. 

The targeted and restrained nature of the latest round of tariffs suggests the U.S. and China are unlikely to engage in a full-scale trade war this year. But the situation remains precarious. 

While there are important similarities between the Biden and Trump approaches toward China, there are also stark and meaningful differences.

Did the tit-for-tat tariffs move China and the U.S. toward economic decoupling? 

The hyper-competitive international production chains that have long characterized Asia's economies now face a significant political recalibration.

There are enough real issue between the U.S. and China. There is little need to invent tensions, such as with the Chinese digital currency.

How will U.S. President-elect Joe Biden manage the U.S.-China relationship?

Both the U.S. and China expressed satisfaction with the talks and the implementation of the deal thus far.

The Phase One deal is being hailed by both sides as a victory, but it leaves a lot of unfinished business.

A preliminary deal may be on the way, but neither side can truly declare victory.

The deal will be inked on January 15 in Washington, Trump says, and “Phase Two” negotiations will start soon thereafter.

A White House press call includes some more details on the agreement that was announced December 13.