U.S. Trade Relations With China – Worrisome Developments in U.S. Law

Abstract

As the Biden administration succeeded President Trump’s chaotic and undisciplined trade and investment policies toward China, the last six months of 2022 have seen a significant development in U.S. trade law and economic policy toward China. These legislative and regulatory developments bring into sharper focus a broader and more aggressive U.S. legal and regulatory structure fostering industrial policy and confronting China. The legislative and regulatory measures emanating from the U.S. in the last half of 2022 are not helpful. They represent a worrisome development, not merely a continuation and extension of Trump’s trade and tariff policies focusing on national security and global politics. They are by far more aggressive, with significant domestic and global implications. They portend a new emerging post-WTO order.

Keywords: Biden and Trade, Trump and Trade, US-China Trade, National Security and Trade, Legislative and Regulatory Measures and China Trade.

JEL Classification: K33, F13, F52