Question

In: Economics

Why will the trade dispute between China and the US not have a positive effect on...

Why will the trade dispute between China and the US not have a positive effect on the global economy?

Solutions

Expert Solution

The countries china and united states are always in disputes over the trade an it leads to the trade war between them. The disputes are due to the tariffs placed on the goods and products between these two counties.

The economic disputes begins before the entry of china into the "WTO"(world trade organisation.).The former presidents of united states failed to solve the disputes or problems between the countries.Now, the current president of united state Donald trump had declared some rule over the china that is to fix the longtime misuse of the damaged or broken international system and practices which are unfair in nature.

It is to be said that the china had stolen the US intellectual property and technologies .Many countries have been accused by the chinese spies and hackers and they are stealing the secrets of technology and scientific sectors. The acquisition is done through the planing of software bugs by invading industries,institutions and universities.By using the modern technologies US officials accused the chinese spies or hackers with the help of B.2 steal bomber,C-17 transport aircraft etc.The united states laid several protocols against china against the disputes.


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