Why Can’t the U.S. and China Make a Trade Deal?
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Temporary truces followed by rapid escalations in the U.S.-China trade war continue to hamper progress toward a lasting trade deal. Policymakers in Washington and Beijing are now preparing for the possibility of a protracted dispute, and the ramifications that accompany it. In this podcast, Paul Haenle spoke with Jia Qingguo, professor at and former dean of the School of International Studies at Peking University, about the many factors hampering trade negotiations and the deeper structural issues in the U.S.-China relationship. Haenle and Jia discuss the difficulties facing leaders in both countries as they grapple to resolve trade tensions while dealing with domestic politics, vested interest groups, and strong historical legacies.