U.S.-China Trade Relations in the Biden Era : Trade War, Industrial Policy, and Rule-based International Order

Research output: Journal Publications and Reviews (RGC: 21, 22, 62)21_Publication in refereed journalpeer-review

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Original languageEnglish
Pages (from-to)315-320
Journal / PublicationProceedings of the ASIL Annual Meeting
Volume115
Publication statusPublished - 3 Mar 2022

Conference

Title2021 Annual Meeting of the American Society of International Law (ASIL 2021)
LocationZoom
PlaceUnited States
CityWashington D.C.
Period24 - 26 March 2021

Abstract

The Biden administration's trade policy is not continuing the Trump-style trade war (i.e,. maximum pressure through constantly increasing tariffs), but has stepped on a different path with a view to competing with China for achieving three goals: (1) using Trump’s trade tariffs to bargain for further Chinese concessions; (2) increasing American competitiveness through industrial policy and blocking Chinese access to American markets and technology; and (3) working with American allies to reform multilateral trading rules and compelling China to comply with the “rule-based international order.”