Summary of The Future of U.S.-China Trade Ties

Brookings Institution,

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The Future of U.S.-China Trade Ties summary
China is ground zero in the postelection US debate on protectionist trade policies.

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Donald Trump has made stanching the flow of free trade a centerpiece of his plan to bring manufacturing jobs back to America. But how well would choking off trade with China, which ranks first in global exports, actually work? Senior Brookings fellow David Dollar explains in clear, concise language why protectionist trade policies would hurt the United States and how to use better strategies to reverse the loss of jobs and falling wages. getAbstract recommends this illuminating article to policy makers and anyone concerned about the future of global trade.

In this summary, you will learn

  • Why China’s trade and investment practices need reform,
  • Why protectionist policies are unlikely to restore jobs to the US manufacturing sector, and
  • What the United States can do to help forge a healthy and balanced trade relationship with China.
 

Summary

Trade with China has adversely affected the US manufacturing sector and depressed wages for its semi-skilled workers. Yet the best response is not to embrace protectionism. Rather, it is to combine a system of incentives and deterrents that would persuade China to become a more balanced, responsive ...
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About the Author

David Dollar is a senior fellow at the Brookings Institution’s John L. Thornton China Center.


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