Karan Bhatia
Karan Bhatia
Karan Bhatia is an American attorney and former senior official in the Bush Administration. He was the Deputy U.S. Trade Representative from 2005 to 2007, credited with leading the negotiation of the US-Korea Free Trade Agreement. Additional appointments include Assistant Secretary of Transportation for Aviation and International Affairs where he served from 2003 to 2005 and Deputy Under Secretary of Commerce for Industry and Security from 2001 to 2003. He served a total of six years in the Bush Administration...
among arise broader closest continues dealt mature relationship terms trade
Trade frictions arise even among the closest of partners. In a mature international relationship, those frictions are dealt with on their own terms while the broader relationship continues to flourish.
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As the United States' $12 trillion-per-year economy becomes increasingly integrated with China's 1.3 billion-person economy . . . trade and investment will continue to grow, creating jobs and increasing prosperity in both the United States and China.
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China has not played a role in strengthening the international trading system commensurate with its commercial heft and the benefit it has obtained from that system. An imbalance of this magnitude is not sustainable, either politically or economically, over the long term. One need only ask whether - if the tables were turned - China would tolerate a bilateral trade imbalance of that size with the United States.