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Flags of China and U.S. are displayed on a printed circuit board with semiconductor chips.

REUTERS/Florence Lo

US Treasury chief goes to China

US Treasury Secretary Janet Yellen is kicking off a four-day visit to China on Thursday. The last time such a visit took place was four years ago, at the height of the Trump’s US-China trade war.

To be sure, Yellen’s trip is more about messaging than substance, with both sides already trying to mitigate expectations of a significant breakthrough as bilateral relations remain extremely tense.

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GZERO Media

Can you get by with a little help from your friends?

The pandemic inflicted a huge shock on supply chains, but there is another force at work remapping global trade flows too: the deepening ideological divide between the US and China, framed in Washington as a broader competition between democracies and autocracies.

The so-called “de-coupling” between the world’s two largest economies began during the presidency of Donald Trump, who slapped tariffs on China in a largely unsuccessful attempt to address the real harms that offshoring has done to some US workers.

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Ari Winkleman

Should Biden lift Trump’s China tariffs?

Sometime this month, US President Joe Biden is expected to make up his mind about nixing (some of) the tariffs his predecessor, Donald Trump, slapped on three-quarters of Chinese imports. This was part of a wider trade war against Beijing, which hit back in kind.

Two years ago, then-candidate Biden said he'd remove Trump’s China tariffs if he won the White House but later decided to leave them in place — as he's done with many Trump-era China policies. Now, Biden is taking another look at keeping his campaign promise because, hello, inflation.

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Ari Winkleman

The Graphic Truth: Is the US-China trade war over?

Let's be clear: the US and China are not in a new Cold War. For some time, China hawks in the Trump and Biden administrations, along with members of Congress, have been pushing for the US economy to "decouple" from China, especially on tech. They have failed in many sectors. Despite political pressure in Washington, an ongoing trade war, and both countries preoccupied with domestic crises, the reality is that over the past two years the world's two largest economies have become more integrated — especially on global supply chains. We take a look at US-China annual trade levels since 2015.

China’s coming COVID crisis?

When Eurasia Group, our parent company, released its Top Risks report for 2022 on Monday, readers might have been surprised to see COVID at the very top of the list.

Yes, omicron has sent case and hospitalization numbers surging once again in dozens of countries, but the prevailing mood among many analysts has been positive. After all, this latest variant is thought to be less dangerous than previous COVID variants, and much of the developed world has been vaccinated (and boosted) with remarkably effective vaccines. Some have speculated that “Omicron is the beginning of the end” of the pandemic.

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China sends sanctioned official to AmCham dinner

December 12, 2020 5:00 AM

BEIJING • In a show of defiance, Beijing sent a top official sanctioned by the US to an annual dinner hosted by the American Chamber of Commerce (AmCham) in Beijing.

US will need Japan more as tensions with China rise, says PM Suga's foreign policy adviser

November 06, 2020 1:52 PM

TOKYO (BLOOMBERG) - Friction between the United States and China means Washington will need Japan more than before, regardless of who wins the presidential election, according to a foreign policy adviser to Prime Minister Yoshihide Suga.
How the US-China relationship would change under a “President Biden”
How The US-China Relationship Would Change Under a “President Biden” | GZERO Media

How the US-China relationship would change under a “President Biden”

"Instead of simply embracing China, we have to draw clear lines about where China can legitimately pursue its interests and where we are going to push back." According to Anne-Marie Slaughter, who was a top State Department official under President Obama, a President Biden would do well to avoid blaming Beijing for the pandemic. There will be plenty else, aside from pointing fingers, for the two countries to worry about. She talks to Ian Bremmer on GZERO World.

Watch the episode: How a "President Biden" could reshape US foreign policy

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