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

Looking for the article?
We have the summary! Get the key insights in just 5 minutes.

The Future of U.S.-China Trade Ties summary
Start getting smarter:
or see our plans

Rating

9 Overall

10 Importance

8 Innovation

9 Style


Recommendation

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.
 

About the Author

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

 

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 ...

More on this topic

By the same author

Global Economic Forces Conspire to Stymie U.S. Manufacturing
Global Economic Forces Conspire to Stymie U.S. Manufacturing
8
China as a Global Investor
China as a Global Investor
8

Customers who read this summary also read

The Economic Effects of the Trans-Pacific Partnership
The Economic Effects of the Trans-Pacific Partnership
8
Trade War Brewing?
Trade War Brewing?
8
Here is what you need to know about the risks of a US trade war
Here is what you need to know about the risks of a US trade war
8
Brexit
Brexit
8
Europe in a New World Order
Europe in a New World Order
8
BRICS-Plus
BRICS-Plus
8

Related Channels

Comment on this summary