Policy Brief
Image Source:
PIIE/William Melancon
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Robert Z. Lawrence (PIIE)
As the price for lifting Chinese tariffs, the Trump administration has issued an all-encompassing set of demands so vague and extensive and confusing that Beijing is unlikely ever to meet them.
One conclusion is clear: Trump's ill-considered trade war is not intended to achieve fair trade through negotiation or change Chinese behavior. Rather the aim is to erect stiff trade barriers that remain in place for many years, blocking or curbing all Chinese imports and discouraging US firms from ever outsourcing operations on Chinese territory.
Photo Credit:
PIIE/William Melancon
Trump Repeats Mistakes of Nixon, Carter in Trade War with China