Diplomacy & U.S. – China Trade Conflict — Can it Help?

    Even though U.S. – China trade relations are a source of a continuing and growing political conflict there are some diplomatic efforts attempting to restrain it.  American business is one vocal group supporting such diplomatic efforts to reduce the conflict and to bring more predictability to trade relations.

 

“A group of senior U.S. officials is traveling to Beijing this week for a round of high-level meetings intended to underscore Washington’s concerns over a wave of Chinese goods flooding world markets …. The planned meetings are the fifth gathering of an economic working group formed by both governments last year to enhance communication at a time of heightened competition between the world’s two largest economies …. At a time of weak demand at home, Beijing has ramped up its manufacturing capacity and sent excess capacity overseas …. Many of China’s trading partners, from the U.S., Europe to even some in Asia that are considered relatively friendly to Beijing, are raising tariffs and other trade barriers aimed at fending off cheap Chinese goods …. Beijing is also moving forward with its own challenge to U.S. industrial practices (case concerns U.S. subsidies for EV) at the World Trade Organization.” “China Export Wave and New Talks.” Wall Street Journal (Sept. 17, 2024).

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About Stuart Malawer

Distinguished Service Professor of Law & International Trade at George Mason University (Schar School of Public Policy).
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