US-China relations test new lows amid bitter trade battle and political tensions.
In this Feb. 24, 2017, photo, a factory worker assembles the case of an air conditioner on an assembly line at a Haier factory in Jiaozhou near Qingdao in eastern China's Shandong Province. U.S. President Donald Trump's latest tariff hike on Chinese goods took effect Friday, May 10, 2019, and Beijing said it would retaliate, escalating a battle over China's technology ambitions and other trade tensions. The American public recoiled — and the U.S.
Likewise, Michael Swaine of Carnegie Endowment for International Peace declared in January that “the U.S.-China relationship is confronting its most daunting challenge in the 40 years since the normalization of relations. Current trends portend steadily worsening relations over the long haul.” “With the large number of issues we have with China, I wouldn’t rank the trade issues so high,” said David Dollar, senior fellow at the Brookings Institution and a former official at the World Bank and U.S. Treasury. “And I’m an economist.”
The financial crisis and ensuing 2007-2009 Great Recession helped change the way the countries viewed themselves and each other. Suddenly, the United States looked less like the world’s invincible lone superpower and more like a deeply divided nation that had to struggle to meet the challenge of the deepest economic downturn in seven decades.
In the ongoing trade talks, the U.S. is insisting that China change its ways and agree to let the United States check and enforce compliance.
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