Wendy Cutler, Kevin Rudd, and Daniel Russel comment on Wednesday's "phase one" trade agreement between the United States and China.
At a briefing at Asia Society New York, ASPI Vice President Wendy Cutler, one of the world’s most experienced and respected trade negotiators, discussed the current state of play in the U.S-China trade negotiations.
The veteran trade negotiator and ASPI Vice President said that the failure of the two sides to forge a deal will be painful for both countries.
Following a brief delay, the U.S. and China seem poised to eventually make a deal. But major fundamental differences between the two are unlikely to be resolved.
Two decades ago, Beijing was poised to adopt a Western-style economic system. Daniel Rosen explains why it didn't happen.
The expected imposition of tariffs and other punitive measures against China may escalate the already tense economic relationship between the world's two largest economies.