Description
Please help me with a policy analysis of the trade war between the United States and People’s Republic of China. Understanding the underlying factors that may have led to the current trade war between the two global superpowers is not only important for the populations of the two countries, but also for the global community. Things to possibly consider in the policy analysis are the rising tensions between the United States and China and how it affects not only the two countries, but many other nations due to their large international presence and influence. Additionally, another point to maybe touch upon is how do private organizations based in either China or the United States continue trade while the trade war continues to escalate between the two national governments? The various complex issues underlying the trade war between the two global superpowers are worth exploring in order to better comprehend the current trade war situation, and especially for policy recommendation regarding how best to deal with the current trade war between USA & China. Thus, please explore the underlying factors that have contributed to the current trade war and put forth a policy recommendation on how best to deal with the trade war.
The policy analysis must be double-spaced and 8-10 pages in length (not including the bibliography). No in-text citations are needed unless it’s a direct quote. You can include the sources used for information in the bibliography at the end of the document using Chicago Manual of Style format for the bibliography. For sources, please use scholarly journals, policy think tanks, Congressional Research Service, policy-focused outlets such as “Foreign Policy, Foreign Affairs, the Wash Quarterly,” or credible/reputable news outlets such as Financial Times, The Economist, The Washington Post, NY Times, WS Journal, etc. Please use at least some of the articles below for source information, as well as whatever else you find.
Please be sure that the document is audience-focused as if being addressed to the general public. If appropriate, include visuals (tables, figures, infographics, etc. as appropriate) if you find any good ones. Graphics are designed to draw reader’s eye to relevant points quickly.
Please include only pertinent information- no filler wording please.
The following sub-header sections MUST be present in the policy analysis document, and I have included descriptions of what these sections involve:
Executive Summary – Think of this like an abstract that encapsulates the key points communicated in the rest of the document, with special emphasis on Policy Challenges and Policy Recommendation. It is sometimes useful to write the executive summary last even though it goes at the beginning of the document.
Issue Overview – This section gives the reader a good understanding of the topic. It identifies, describes, & explains the most important international policy-relevant dimensions of the issue.
Policy History- Actions to Date. What policy or actions have happened so far?
Policy Challenges (These are the Ongoing Problems)- Identify and explain the key policy problem(s). The challenges must be summarized and then addressed one-by-one (example: There are XXX challenges…The first…, The second…, etc.).
Policy Options (the potential solutions)- Identify two or more policy solutions for each policy challenge identified. The status quo can be an option in some circumstances. Explain clearly how each option addresses the policy challenge to which it is addressed (aka how each might solve the challenge).
Policy Recommendation (with a rationale) – Identify clearly the policy option that should be selected for each policy challenge. Include a convincing, well-reasoned justification for each policy recommendation. Makes clear the criteria used to make each recommendation (To wit, the reader needs to understand why you chose Policy Option A over Policy Option B.)
For source information, please pull from at least some of the references below and please include in the bibliography those you use.
Davis, Bob, and Lingling Wei. “How the U.S. and China Settled on a Trade Deal Neither Wanted.” The Wall Street Journal. Dow Jones & Company, January 13, 2020. https://www.wsj.com/articles/
Nany Hur1. 2018. “Historical and Strategic Concern over the US-China Trade War: Will They Be within the WTO?” Journal of East Asia & International Law 11 (2): 393–411.
Makin, Tony, Mukund Narayanamurti, Iain MacGillivray, Pichamon Yeophantong, and Sandy Wang. “Policy Options For Addressing the China-US Trade Imbalance.” Australian Institute of International Affairs, August 26, 2019. http://www.
Newman, Abraham, and Daniel Nexon. “If the United States Doesn't Make The Rules, China Will.” Foreign Policy, November 17, 2019. https://foreignpolicy.com/
Roemer, Tim. “The U.S. Trade War Has Caught Beijing's Attention. Now Washington Needs a Longer-Term Plan.” Foreign Policy, November 22, 2019. https://foreignpolicy.com/
Mitter, Rana. “Solutions to the US-China Trade War.” Subscribe to read | Financial Times. Financial Times, June 5, 2019. https://www.ft.com/content/
Fingar, Thomas, and Fan Jishe. 2013. “Ties That Bind: Strategic Stability in the U.S.–China Relationship.” Washington Quarterly 36 (4): 125–38.
Huang, Yukon. “Can the US-China Trade War Be Resolved?” – The Diplomat. for The Diplomat, July 31, 2019. https://thediplomat.com/2019/
Yunling, Zhang. 2010. China - USA : Making New Partnership, a Rising China and Its Neighbors. Reading: Paths International
Explanation & Answer
Attached.
Policy Analysis of the US-China Trade War
Name
Course
Professor
Date
1
Executive Summary
This paper explores the current trade war between China and the US, the world’s greatest
economies. They are the two largest manufacturers, exporters, and consumers. The US has
maintained its global dominance in economics, political influence, technology, and military
power for many decades. In the recent past, China's rapid growth has captured the attention of
the US administration, and the threat that this newcomer poses to the US hegemony has never
been more pronounced than it is today. This paper traces the background of this tension, as well
as the retaliatory measures from each of the two parties. The challenges that this trade war brings
about will also be explored. The paper will also provide an outline of the available policy options
and recommend the most befitting ones for each challenge. Overall, there is no doubt that the
battle for supremacy has fueled the trade war between these two countries.
2
Issue Overview
China opened up its economy in 1978. Ever since, the country's GDP has witnessed an
unprecedentedly skyrocketing growth. From 1978 to 2017, the average growth was around 9.6%,
and this was one of the most stably growing economies in the entire world—if not the best. At
the same time, there was a noticeable growth in other aspects that make a country strong,
including advancement in technological power, military force, and political influence. The state
government embraced an aggressive sponsorship and support for many players and stakeholders
in a wide array of industries, and that is why the country ended up growing and expanding on
various fronts. Many scholars argued that the rapid rise of China could potentially challenge the
existing dominance of the US on a global scale. They argued that this was bound to give rise to
conflict between the US and China. The US felt threatened by this expansionary strategy of
China, and they perhaps believed that if they failed to act immediately, they would end up losing
their global hegemony. China, on the other hand, knew that to win the battle, they would have to
remain aggressive and embrace all tools at their disposal to strive as much as possible to become
the ultimate global power for the first time. These growing tensions between the US and China
became a full-blown trade war in March 2018.
Viewed from the global context, this tension is founded on a broad range of issues. In the
recent past, globalization pioneering by Western economies, particularly the United States, has
been on a downward spiral. On the other hand, globalization efforts led by China and other
growing economies have been expanding at a dramatically high rate. The increase in "America
First" efforts in the recent past have been simultaneously matched by heightened interests in
complementary initiatives such as the BRICS1 New Development Bank (NDB) and the Asian
Infrastructure Investment Bank (AIIB). Trump administration has limited the US from
3
participating in these initiatives, despite it being clear that other major global trade partners have
welcomed the changes. The China-led Belt and Road Initiative (BRI), which has attracted the
interest of almost every other major nation in the world, has also been a nightmare for the US.
Clearly, the US has been reluctant to cooperate on any project or initiative that seems to be led
by China. The vast majority of Asian countries have been working together and amassing huge
chunks of financial resources in the furtherance of combined trade efforts, and this is also
something that is giving Trump and his administration headache. The recen...
