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China–US Trade Disputes in 2018: An Overview

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  • Feng Lu

Abstract

The paper provides an overview of changes in the US policy stance toward China that have resulted in the currently unstable economic and trade relationship between the two countries. It reviews the trade and economic relationship between China and the US during the first year of the Trump Administration, summarizes the systematic changes in trade and external economic policies adopted by the Trump Administration in general, and particularly toward China, and observes the implementation of a hawkish trade policy that ignited dispute between the US and China. The main factors shaping the current situation are examined, including structural difficulties in the US economy, the characteristics of the Chinese institutional setting and policies that have become increasingly unacceptable to the US, the specific personal beliefs and positions of President Trump and his main aides in the economic and trade team, and short‐term factors in the US internal political arena.

Suggested Citation

  • Feng Lu, 2018. "China–US Trade Disputes in 2018: An Overview," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 26(5), pages 83-103, September.
    • Handle: RePEc:bla:chinae:v:26:y:2018:i:5:p:83-103
    DOI: 10.1111/cwe.12257
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    References listed on IDEAS

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    1. Lawrence H Summers, 2014. "U.S. Economic Prospects: Secular Stagnation, Hysteresis, and the Zero Lower Bound," Business Economics, Palgrave Macmillan;National Association for Business Economics, vol. 49(2), pages 65-73, April.
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    Cited by:

    1. Ruixi Long & Shuyang Jia, 2023. "Foreground or background my social responsibility: impact of the trade war on the readability of corporate social responsibility disclosures," Information Technology and Management, Springer, vol. 24(1), pages 79-97, March.

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