Why a US–China ‘Board of Trade’ Must Be a Circuit Breaker, Not Another Dialogue
The Diplomat argues that a new U.S.-China trade body will fail if it only labels transactions as permitted or prohibited, rather than creating enforceable procedures that prevent routine disputes from escalating. It calls for a chartered institution with defined jurisdiction, linked commercial and security tracks, pre-set dispute settlement rules, and predictable payment channels to stabilize expectations amid systemic rivalry.