This week’s featured graphic charts the ten countries most affected by Chinese non-tariff trade measures as of 2018, with the US topping the list. For an analysis of how this has influenced the trade policy of the Trump administration, read Jack Thompson’s chapter for Strategic Trends 2019 here.
This graphic outlines the average tariff levels applied on all imports by the US and a selection of its key trading partners. For an analysis of the Trump administration’s trade policies and the weaponization of international trade, see Jack Thompson’s chapter for Strategic Trends 2019 here. For more CSS charts and graphics, click here.
This graphic maps and ranks the US’ most important trading partners by trade volume. For an analysis of how this ranking is reflected in the Trump administration’s approach to trade policy, read Jack Thompson’s new Strategic Trends 2019 chapter here. For more CSS charts, maps and graphics on economics, click here.
As the trade war between China and the United States heats up, Europeans should think hard about who they turn to for assistance
In the early years of Xi Jinping’s presidency, China became increasingly assertive. It challenged neighbours and irksome international rules, while painting its behaviour as a measured response to other states’ mischief. Beijing lashed out at what it called Japan’s “militarism”; the “wrongful” deployment of the Terminal High Altitude Area Defense system in South Korea; “unfair” international arbitration on territorial claims in the South China Sea; the European Union’s “protectionist” view of China’s market economy status; Indian “provocations” on the Chinese border; and, of course, the United States’ “threatening” presence in East Asia. In reality, China insisted that status quo powers accept policies on its terms, while it became ever more unpredictable in its dealings with them. Europe learned this the hard way – through botched summits, interrupted or delayed dialogues, constant Chinese attempts to divide the EU, and Beijing’s sweeping disregard for implementing joint agendas and addressing European complaints.
In his book Fear, journalist Bob Woodward suggests that Donald Trump’s protectionist instincts may be stronger than previously thought, preventing him from making commercial peace with traditional allies or trade partners. Recent actions against China leave no doubt. Yet, this is not simply the Trump administration directing “protectionist firepower” against China, to quote James Politi of the Financial Times. A geopolitical fight is also emerging about global technological leadership and US ambitions to contain China on this crucial frontier.