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looking beyond borders

foreign policy and global economy

China And United States: 1999 Vs. 2009

In November 1999, the United States and China signed a trade pact that paved the way to China’s entry into the World Trade Organization. To secure U.S. support for its WTO accession, China agreed to open its markets and cut tariffs an average of 23 percent. Some twenty years later today, the United States and China are engaged in a raging trade war.

Read Here – The National Interest

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