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16 - Small Steps toward the Next Phase of U.S.-China Trade Relations

from Part IV - Responses of China’s Trading Partners

Published online by Cambridge University Press:  14 September 2023

Henry Gao
Affiliation:
Singapore Management University
Damian Raess
Affiliation:
University of Bern
Ka Zeng
Affiliation:
University of Arkansas
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Summary

The Trump administration’s four years in power were tumultuous and confrontational for US-China trade relations, and have put the Biden administration in a difficult position: It will either have to pick a new direction, or maintain the legacy it was left. US Trade Representative Katherine Tai has begun to lay out her vision for a US trade policy as it relates to China, but so far, it has been more words than actions. It appears that Tai and the administration have decided to stick with Trump’s Phase One agreement as the framework of its China trade policy rather than break from it in a significant way and to publicly put the onus on China to change its trade practices and see how China reacts. The practical result is that the status quo could stay in place for a while. However, the Biden administration may see this as the short- and long-term approach that works best in terms of domestic politics. As a result, although the administration’s statements could suggest tentative first steps on China trade issues, the relationship may end up standing still for a while.

Information

Type
Chapter
Information
China and the WTO
A Twenty-Year Assessment
, pp. 381 - 399
Publisher: Cambridge University Press
Print publication year: 2023
Creative Commons
Creative Common License - CCCreative Common License - BYCreative Common License - NC
This content is Open Access and distributed under the terms of the Creative Commons Attribution licence CC-BY-NC 4.0 https://creativecommons.org/cclicenses/

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