What Went Wrong for the U.S.? A Look at the Changes in the World’s Economic and Trade Environment Over the Past 20 Years

When China officially became a member of the WTO in 2001, most people did not anticipate what we are seeing today—a trade war between China and the United States. What step “went wrong” for the United States? Is the Sino-U.S. tension an inevitable consequence of historical events? How, then, will this change the economic and trade environment in the next 20 years?