Navigating the China Shock: International Trade Challenges

This chapter explores the far-reaching impacts of China's non-market practices on global industries like steel, aluminum, and EVs, leading to competitive challenges for other economies. It emphasizes the importance of international cooperation, evolving strategies, and fair trade practices to mitigate these effects and promote cleaner production. The Biden administration's stance on tariffs, the necessity for reform within the World Trade Organization, and the strategic use of tariffs as a tool in addressing trade inequities are also discussed.