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Will the US-China trade truce last?
Monday 23 March, 6.30-8.30pm
Cocktail Reception | Panel Discussion | Q&A
Financial Times, 330 Hudson Street, New York, 8th Floor
With plenty of fanfare, US president Donald Trump and Liu He, China’s vice-premier, in January signed a truce in the trade war that has consumed the world’s largest economies for the past two years. But doubts abound about the sustainability of this fragile commercial ceasefire.
There are certainly growing questions about Beijing’s ability to meet ambitious targets for purchases of US goods at a time of slumping demand due to the coronavirus outbreak. But it's worth remembering that China’s willingness to meet other pledges in the deal related to market access, intellectual property and the forced transfer of technology is far from certain.
Will the Trump administration enforce the agreement so strictly that it could fall apart even before the 2020 election, or will it show some flexibility? And what might happen to US-China trade relations if a Democrat wins control of the White House in December? We will be joined by two of the leading experts on US-China trade relations in Washington to find some answers for FT subscribers.
VP and Managing Director; Asia Society
Wendy Cutler joined the Asia Society Policy Institute (ASPI) as vice president in November 2015. She also serves as the managing director of the Washington D.C. Office. She joined ASPI following an illustrious career of nearly three decades as a diplomat and negotiator in the Office of the U.S. Trade Representative (USTR). Most recently she served as Acting Deputy U.S. Trade Representative, working on a range of U.S. trade negotiations and initiatives in the Asia-Pacific region.
Craig B. Allen
President; U.S.-China Business Council
In 2018, Ambassador Craig B. Allen began his tenure as the President of the United States-China Business Council (USCBC), a private, nonpartisan, nonprofit organization representing over 200 American companies doing business with China. Prior to joining USCBC, Craig had a long, distinguished career in U.S. public service, including the U.S. Ambassador to Brunei Darussalam (December 2014–July 2018), Deputy Assistant Secretary for China (2012–2014) in the Department of Commerce’s International Trade Administration (ITA), and as Deputy Assistant Secretary for Asia (2010–2012).
World Trade Editor; Financial Times
James Politi leads coverage of international trade, globalisation, and multilateral economic institutions from Washington, where he is also the deputy bureau chief. James has been following every twist, turn, tariff and tweet of the US-China trade war - and the simmering tensions over trade between the US and the EU. James is a contributor to Trade Secrets, the FT's must-read daily briefing on the changing face of global trade policy. He arrived in the job in 2018 after 4 years as Rome bureau chief, where he witnessed the rise of populism in the eurozone’s third largest economy.
Trade Secrets is the FT's must-read daily briefing on the changing face of international trade and globalisation. Sign up here.