A World Dividing: The International Implications of the Sino-American Rift

Author
Chas W. Freeman Jr.
Content Type
Policy Brief
Institution
Quincy Institute for Responsible Statecraft
Abstract
The Trump administration has declared economic war on China. The United States has raised taxes on Chinese imports to levels not seen since the Smoot–Hawley tariffs of the Great Depression. Over the course of this year, Chinese imports of American goods have decreased by 26.4 percent, while China’s exports to the United States are down 10.7 percent. Washington has embargoed exports to China of a constantly expanding list of high-tech manufactures. It seeks to block Chinese telecommunications companies from third-country markets. The United States has mounted a vigorous campaign to persuade other countries to reject Chinese investments in their infrastructure, notably in the case of 5G telecommunications networks.
Topic
International Trade and Finance, Global Political Economy, Trade Wars, International Community, Exports
Political Geography
United States, China, Asia, Global Focus