On Friday, U.S. President Donald Trump imposed steep tariff hikes, more than doubling the penalties on some $200 billion worth of Chinese goods and promising harsher measures to come. China pledged to respond in kind. It seems that an agreement remains more elusive than ever as tensions continue to escalate.
So far, the U.S.-China talks have raised more questions than they have answered. Can Trump force China to abandon its bad economic and trade practices? Will the final outcome be worth the pain inflicted on American farmers? Will the United States wind up in a strong position to compete with China or on weaker footing than ever?
The above excerpt was originally published in Foreign Policy. Click here to view the full article.
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Vice President, National Security and International Policy
Senior Fellow; Director, China Policy