Trade wars are generally bad. But far worse for Australia is that the US and China make peace through a deal to establish a bilateral world order.
Articles on US-China trade
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American and Chinese trade negotiators are pushing hard to get a deal, but a major sticking point remains: ensuring China honors any promises it makes.
Relying only on sanctions against North Korea may not be a productive way to get the country to give up its nuclear arms. Offering relief and aid may be more effective.
The clock is ticking before the US ramps up tariffs on Chinese imports.
As fears of a US-China trade war grow, the eurozone is starting to look like a rock.
Meng Wanzhou’s arrest in Canada has caused further tensions in the strained relationship between China and the US.
Despite agreeing to a ceasefire, the two sides offered differing depictions of their trade war truce that show a lasting peace may still be out of reach.
In the wash-up of the G20 meetings, it seems China has come away with the better deal – at least for now.
We may be on the cusp of a full-blow trade war that could reconfigure globalisation.
Ongoing volatility is causing intense debate about how to manage relations between the two powerful nation, which is only likely to become more challenging.
Cold War 2.0 may not be fanciful: The US and China are plainly entering a period of significant geopolitical rivalry, and each has ambitions that are mutually incompatible.
The US economy has rarely looked stronger, but it could all come crashing down just in time for the next presidential election.
While the US gets protectionist, China is working to establish itself as a leader in global trade rules.
The president launched a trade war largely on the premise of a massive trade deficit with China. A closer look at the iPhone shows why he’s wrong.
The Trump administration wants China to cut its trade deficit with the US by more than half. An economist explains why that’s not going to happen.
The recent U.S. trade mission to China failed, allowing no space for future compromise. What follows will likely be much more than a simple trade war.
If companies in key industries collectively shunned the Chinese market, that would force China’s leaders to take notice, with less risk of blowback.
Brexit Britain should be especially concerned.
The US and China must work together to reform the global trade system. Their economies are too entwined for a trade war.
The brewing US-China trade war is probably linked to the Chinese government’s attempts to revamp its industry.
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Assistant Professor of Economics, University of California, Merced
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Distinguished Professor, Arthur J. Gosnell Professor of Economics, & Head, Department of Sustainability, Rochester Institute of Technology
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Tony Walker AM is a Friend of The Conversation.
Director, La Trobe University
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Senior Research Fellow, Institute for International Trade, Adelaide University
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Assistant Professor of Economics, University of Sussex Business School, University of Sussex
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Ph.D. Candidate in Political Science, Auburn University
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Associate Professor of Political Science, Georgia State University
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Professor, and Executive Director: Institute for International Trade, and Director of the Jean Monnet Centre of Trade and Environment, Adelaide University
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Associate Professor of Political Science, Brock University
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Visitor to Senior Combination Room, St. Edmunds College, University of Cambridge
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Professor Emeritus of Economics, SOAS, University of London
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Senior Lecturer in Economics and International Business, Edge Hill University
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Research Professor of Business, University of California, Irvine
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Lecturer (Assistant Professor) in China and International Politics, SOAS, University of London
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Professor of Government and International Affairs, Kennesaw State University