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U.S.-China Trade War: Phase One Agreement And Self-Enforcing Contracts, Hameedullah Hassani
U.S.-China Trade War: Phase One Agreement And Self-Enforcing Contracts, Hameedullah Hassani
Graduate Program in International Studies Theses & Dissertations
Sino-American bilateral trade relations have increased significantly in the past four decades since China started its economic reforms in 1978. The bilateral expansion in trade has been accompanied by increased complexity and tensions, which emerged in the form of a trade war during the President Trump administration. After a series of tit-for-tat tariff increases, in an attempt to address concerns through negotiations, both sides reached a Phase One agreement. However, the commitments made in the agreement were not delivered. In my thesis, I use the “self-enforcing contracts” theory to analyze the status of Phase One deal. The examination indicates that …