In a video interview with former U.S. trade representative Charlene Barshefsky, Jacques deLisle, director of the Center for East Asian Studies at Penn, discusses the future of the U.S.-China trade war and how it evolved. Notes Barshefsky: “I think of it as a technology war rather than a trade war.”
Who will be the winners and losers in a China-US trade war?
Washington and Beijing are going toe-to-toe, but many other countries are set to become embroiled in the conflict, for better and worse
Published: 7:31pm, 4 Apr, 2018
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A trade war between China and the United States will have implications around the world, but it might not be bad news for everyone. Photo: EPA-EFE
As the opening shots are fired in the China-US trade skirmish, the rest of the world is bracing itself for the fallout from the conflict between the world’s two largest economies.
Beijing on Wednesday announced extra tariffs on US$50 billion worth of US products, including soybeans and cars, after Washington announced similar duties on Chinese goods following its investigation into Beijing’s intellectual property “theft”.
The tit-for-tat measures ramped up fears of a full-blown trade war with global repercussions. Earlier this week, China imposed US$3 billion worth of tariffs on 128 US products in retaliation for earlier US duties on steel and aluminium.
Oakland Chronicle 