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ID166124
Title ProperUS-China Trade War
Other Title InformationFrom Cooperation to Containment
LanguageENG
AuthorBaru, Sanjaya
Summary / Abstract (Note)The escalation of tariffs by the United States (US) on imports from China has launched what has been called a “trade war”. While economists generally do not approve of such actions and view them as zero sum games, the US-China tiff should be viewed as part of a political response, externally to China’s growing assertiveness and internally to domestic criticism of China, by an increasingly depressed US working class that supports President Donald Trump. While President Trump initiated the action, there is bipartisan support in the US to actions that would limit China’s rising power. The US action should be viewed as part of a “geo-economic containment” of China’s economic growth. The US hopes a growth slowdown would hurt China economically and its present leadership politically.
`In' analytical NoteUSI Journal Vol. 149, No. 615; Jan-Mar 2019: p.1-4
Journal SourceUSI Journal 2019-03 149, 615
Key WordsUS-China Trade War