The truce in the U.S.-China trade war didn’t last long. Just a month after agreeing to restart negotiations on the sidelines of the G-20 summit in Osaka, Japan, President Donald Trump announced another escalation last week. Unless something happens, or Trump changes his mind—which is always a possibility—U.S. Customs and Border Protection will begin collecting an additional 10 percent tariff on the remaining $300 billion in imports from China on Sept. 1. And this time, consumers would feel the pain because the tariffs will hit clothing, shoes, electronics and other everyday items that had previously been spared. To top it [...]
Late last month, The Wall Street Journal reported that China and Cambodia had signed a secret agreement allowing the Chinese navy to use a military facility near Ream, along Cambodia’s southern coast. According to a draft of the deal obtained by the Journal, it would reportedly grant China a 30-year lease on the port and permit the stationing of troops and storing of weaponry in an installation that covers 192 acres and includes one pier and other facilities. Images have also shown the construction of a military-grade airport and a development project of dubious commercial viability. The facilities, if managed [...]
America’s foreign policy establishment is at war with itself over the shape of the country’s approach toward a steadily rising China. For now, it is only an epistolary war. But as the debate deepens, its outcome will go far toward deciding how the United States responds to its most serious global rival for economic and geopolitical power for decades ahead. Among a slew of recent op-eds and policy papers about how Washington should manage the perceived challenge that China represents, two statements stand out as poles in the debate and, as such, deserve extended consideration. The first, which appeared in [...]
