practitioners alike are not sure if RTAs are distractions or a complement to a more broad based approach to global trade governance.53ConclusionChina is unsatisfied with the degree of accommodation offered by the US and the US is uncomfortable with the strategic demands made by China. The 52. Kirtika Suneja, “Citing Discrimination, India Drags US to WTO on Steel, Aluminium Tariffs, ET Bureau, May 23, 2018, available at : articleshow/64292453.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst 53. Richard Higgott, “From Policy to Populism: Donald Trump’s Trade Policy in Global Context”, Elcano Royal Institute , April 10, 2018, available at : http://-7b15-4798-8c43-9ad4e152b533/ARI47-2018-Higgot-From-policy-to-populism-Donald-Trumps-trade-policy-global-context.pdf?MOD=AJPERES&CACHEID =ae4e55bf-7b15-4798-8c43-9ad4e152b533
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US-CHINA Trade War: Analyses of Deeper Nuances and Wider Implications43Chinese allege that Washington has a hidden agenda of restricting China’s devel-opment, while the Americans complain that China is acting overly aggressively. If China maintains its internal political stability and high economic growth rate, this tense transition period would continue for at least a couple more decades. Tensions would be further aggravated if the Chinese Government believes, as some Chinese analysts claim, that the more China “rises”, the harder Washington will resist.The US is heading into potential talks with several demands, and top among them is for China to reduce its trade deficit with the US by $100 billion “immediately”. But, it is an unrealistic request, given the time it would take to adjust supply chains and given the US consumers' demand for Chinese products. China certainly could not reduce the deficit by itself. Washington's second major demand is that China opens up more sectors to investment and trade without restriction, including automobiles. Given the possible contents of Xi's speech at the Boao Forum, this could end up being an area where both sides align.America holds almost all the high cards in trade with China, and almost none of Beijing’s supposed points of pressure are real threats. Most of the threats, for example, would hurt China’s fragile currency far more than the sturdy US economy. The only element Washington lacked in previous administrations was political will to use its overwhelming power. So far, Trump has demonstrated such will, even in the face of withering criticism, especially at home.In the political realm, however, Mr. Xi enjoys advantages that may allow him to cope with the economic fallout far better than Mr. Trump. His authoritarian grip on the news media and the party means there is little room for criticism of his policies, even as Mr. Trump must contend with complaints from American companies and consumers before important midterm elections in November. The Chinese Government also has much greater control over the economy, allowing it
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