The current trade war between the United States and China is a central dimension of the emerging Cold War between the two superpowers. The conflict also highlights and threatens to aggravate the contest for global economic leadership between the two countries, which ranges far beyond their disputes over trade balances and level playing fields. This Policy Brief analyzes the links between the immediate clash and the far more important systemic confrontation and offers three suggestions for new policy directions that could address the two problems simultaneously. First, China should join the current initiatives of the ... (full story)