2019년 3월 15일 금요일

Historical and Strategic Concern over the US-China Trade War: Will They Be within the WTO?

Nany Hur 17th Floor, Hanjin Building 63 Namdaemun-ro, Jung-gu, Seoul 04532 Korea.
Corresponding Author: nanyhur@hanmail.net
ⓒ Copyright YIJUN Institute of International Law
This is an Open Access article distributed under the terms of the Creative Commons Attribution Non-Commercial License (http://creativecommons.org/licenses/by-nc/3.0/) which permits unrestricted non-commercial use, distribution, and reproduction in any medium, provided the original work is properly cited.

Abstract
The trade war between the US and China in the Trump era has become a momentous event in the world economy. It is necessary to see how trade relations between them have played out within the WTO from a historical perspective. Since the Opium Wars, both economic and political concerns have changed the relationship between these two countries. The escalation from a trade conflict to trade war shows the rivalry between the US and China for hegemony in the twenty-first century's regional and world politics. The economic, technological, and manufacturing competition that is a part of hegemonic rivalry is not totally new; this is borne out by the history of the US-China economic relations. The escalation of this 'trade war' now has spill-over effects on other countries, being beyond the normative framework of the WTO. There is an impasse in this ongoing saga, but the silver lining is that there will be a re-construction of the multilateral trading system.

Keywords : US-China Trade War, US-China Trade Relations, Trump Administration, WTO

The Full Text is available at: http://journal.yiil.org/home/archives_v11n2_07

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