Social Sciences
5 years ago

Sino-U.S. Trade War Threatens Global Economic Order, Demands Rethinking of Fair Trade

Routledge eBooks
A skeletal review of the Sino-U.S. “trade war”: contentious issues, trade multilateralism and policy recommendations
Manjiao Chi, Liang Qiao

Paper Summary

The US and China are in a trade war because the US wants fair trade and China supports multilateral trade. Both countries will lose from this war. The US risks losing leadership and credibility, while China may struggle if global concerns about its economic model continue. The international community needs to think about fair trade and take action to make it happen.

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