Recent developments in the trade relationship between the U.S. and China suggest a growing economic decoupling, with the U.S. imposing new tariffs on Chinese goods. Various experts and analysts discuss the implications of these actions, highlighting concerns about forced labor claims, overcapacity issues, and the potential for a new Cold War. Despite diplomatic efforts to find common ground, tensions persist as both countries navigate their trade policies and strategies towards each other.
By imposing tariffs on China, US politicians are diverting trade away from a low-cost producer to higher-cost countries – the equivalent of a tax hike on American consumers, writes @SRoach_econ. https://t.co/odI1KIzELV
Caixin - Overcapacity Could Be Repurposed as ‘Chinese Marshall Plan,’ Expert Says https://t.co/O7W8hv613s
It is not U.S. policy toward China that is the main problem—even with a return of Trump—but the serious economic and security challenges emanating from China and Xi’s implicit support for Putin, write @LianaFix and @ZongyuanZoeLiu. https://t.co/f6rHAs9vmp
🗞️ Tariffs on Chinese goods are aiding U.S. textile manufacturers in staying competitive, with the Biden administration recently raising tariffs to combat low-cost competition from Chinese manufacturers and online retailers. https://t.co/wrZB68XBfZ https://t.co/n3gfck3u0S
New channels of communication appear to be stabilizing a mutual downward spiral between China and the U.S. that threatened to propel them inevitably toward conflict, columnist @jamescrabtree writes. https://t.co/Pv8NJyqeXC
While the US denies that its tough new trade policy has ulterior motives, there can be no mistaking the politics of America’s China containment strategy, argues @SRoach_econ. https://t.co/odI1KIzELV
The US has a political strategy masquerading as trade policy that has taken dead aim on China: consumed by saving-driven trade deficits, steeped in national security paranoia, unwilling to draw on China’s comparative advantage in combatting climate change https://t.co/6bWIRrHn74
Despite forces chiseling at the China-U.S. ties, businesses of the two countries still rely on each other to prosper and are finding ways to ensure the two coexist peacefully, according to an opinion by the New York Times. https://t.co/cP3RdiMaMH
Global risks–including Chinese overcapacity–have increased, but government intervention should seek to minimize trade-offs, writes @CFR_RealEcon's @MPGoodman88. https://t.co/dlO4l1JlyI
It may not be full-on détente, but China and the United States are entering a new, tentatively positive diplomatic moment, columnist @jamescrabtree writes. https://t.co/Pv8NJyqeXC
A prominent economist and former deputy director of the monetary policy department of the People’s Bank of China suggests U.S. politicians are leveraging Chinese overcapacity as an electoral tool, rather than seeing it purely as an economic concern.
In the latest installment of our "Trade-offs" series @CFR_RealEcon, I offer my take on the China tariffs announced by the White House on May 14 @CFR_org https://t.co/mRskPe8kPS
For now, finding common ground—however thin—remains important for the U.S. and China, FP’s @Iyengarish writes. https://t.co/0LDUTYR5Pf
My latest column @WPReview, a response to my @Zhengfawei80 comrade @vshih2 on the necessity of Biden's tariffs. Biden's China strategy is a two-pronged approach, combining engagement with containment. In AI where the US leads, there's engagement but https://t.co/oy1ZSScMCn
Both US and Chinese leaders play down the prospects of a new Cold War — but they never sound convincing. Vast shifts in the world economy are driving a new imperialist rivalry, for which a series of regional wars are creating dangerous flash points. https://t.co/9aoyh4eIwC
🇨🇳 ‘Overcapacity’ Is the New Buzzword to Whack #China - Bloomberg https://t.co/7qWZDpUr6B https://t.co/g1uLoiHYNs
A spate of new US tariffs on Chinese goods has raised the specter of full economic decoupling between the world’s two largest economies. In a new PS Big Picture, @PIIE’s @arvindsubraman, @xuqiyuan, and others consider the implications. https://t.co/2VriBg8YHS https://t.co/83kcITl1cK
Washington's latest "forced labor" claims against China are part of its strategy to contain its biggest rival. It's vital to scrutinize this narrative and the harm it causes. Xinhua's five-part series dives deep into this issue. Read first piece: https://t.co/vPQHtvAzbh https://t.co/9cvw6sYVSG