Anatomy of a Flop: Why Trump's U.S.-China Phase One Trade Deal Fell Short | Chad Bown

30:50
 
Share
 

Manage episode 287831771 series 2394309
By National Committee on U.S.-China Relations. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

Dr. Chad Bown discusses the trade deal and prospects for American trade policies toward China in the new administration in an interview conducted on March 10, 2021.

In a February 8 report for the Peterson Institute for International Economics, Dr. Chad Bown argues that the U.S.-China Phase One Trade Deal should be examined by the Biden administration. The centerpiece of the trade deal – China’s pledge to buy $200 billion more of U.S. goods and services split over 2020 and 2021 – has thus far fallen far short of its target. Other elements of the deal, such as China’s commitment to reduce nontariff barriers and open up to foreign investment, merit consideration as the new administration develops its international economic policies. A fresh U.S. policy approach toward China is needed, and should be undertaken jointly with like-minded countries.

156 episodes