Many countries, not just the United States, are disadvantaged by China’s unfair trade practices. Rather than confront the challenge alone, the United States should work to address the problem as a team sport. Doing so would be more effective and less costly than hoping U.S.-China tit-for-tat tariffs do not do significant harm to American workers, but do lead to a change in China’s economic policies.

A stable and growing commercial relationship between the United States and China is essential to the well-being of the global economy. A smarter, more durable approach to the problems we confront would be for Washington and Beijing to make lists of all of their gripes, put them on the table, and see whether, and to what extent, they can be resolved.

Trade talks, not trade war.

United States Trade Representative Robert Lighthizer’s Section 301 report appears to be an ironclad case against China— but don’t be fooled. As Stephen Roach argues, the report is wide of the mark in several key areas.

China’s long-term focus on the direction of its tech market gives it a clear edge over the United States in the latest tech tussle between the two countries: a ban announced by the U.S. government earlier this month forbidding any U.S. companies from selling any parts or software to Chinese telecom company ZTE.

Trump said Treasure Secretary and U.S. Trade Representative will go to China for talks.

The Trump administration gives no credit to China.

President Xi Jinping’s speech offers great insight into the future landscape of China.

China is determined to build upon its previous success in tax reform by carrying out further tax cuts, which are set to come into effect starting on May 1, in order to “activate the market and boost people’s creativity.” These measures aim to boost economic growth and provide a response to increasing trade tensions with the United States.

These are the obstacles in the way of global development.