Car Wars (Part 1) - The US, China and Electric Vehicles

Panellists:
Scott Kennedy, Senior Advisor and Trustee Chair in Chinese Business and Economics, CSIS (Center for Strategic & International Studies)
Wendy Cutler, Vice President and Managing Director, Washington, D.C. Office, ASPI (Asia Society Policy Institute)

Moderator:
Rem Korteweg, Senior Research Fellow, Clingendael Institute

This podcast episode was recorded on 24 May 2024.

The 2024 edition of the AIG Global Trade Series explores the theme of ‘Back to the Future: A New Era of Managed Trade?’

Amid rising concern about the effect of China’s industrial overcapacity on global markets, the US has adopted tariff measures intended to address China's trade practices and industrial policy in several strategic sectors, notably electric vehicles (EVs). In retaliation for what Beijing sees as US protectionism, China is moving ahead with tariffs on US imports, including cars. Move and counter-move have propelled the issue of EVs to the centre of US-China trade relations.

What are the political, economic and technological dynamics of the competition between Washington and Beijing over EVs? Where does the EV issue feature in the US-China dialogue on climate action? And is the sparring between Washington and Beijing on EVs a harbinger of escalation in their trade relations more broadly?

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The Global Trade Series is a collaboration between AIG and the following international organisations with leading expertise on global trade:

the Aspen Institute Germany; CEBRI - the Brazilian Center for International Relations; Chatham House (UK); CITD - the Center on Inclusive Trade and Development at Georgetown University Law Center (US); the Clingendael Institute (The Netherlands); Elcano Royal Institute (Spain); ERIA – the Economic Research Institute for ASEAN and East Asia (Indonesia); ISPI - the Italian Institute for International Political Studies; the Jacques Delors Institute (France); RIETI - the Research Institute of Economy, Trade and Industry (Japan); and the St. Gallen Endowment for Prosperity through Trade (Switzerland).

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