There is a growing bipartisan sentiment in Washington that Chinese trade practices are a problem, since these practices are unfair to American companies in a number of ways. But there is disagreement about the appropriate response. Can multilateral institutions be of use here? Or is unilateralism the only way? In a new study, Cato scholars James Bacchus, Simon Lester, and Huan Zhu contend that WTO dispute settlement has more potential to address China’s practices than the administration believes.
Recent polling results puncture the current conventional wisdom on trade and public opinion — in particular, that Americans have turned en masse against trade and globalization, and that President Donald Trump’s economic nationalism reflects the bottom-up policy demands of a silent majority of American voters. In a new paper, Cato scholar Scott Lincicome reviews the data and shows that United States’ recent implementation of protectionist tariff and trade policies has not been driven by intense public demands for such policies.