US-China Trade War Research and explain the factors that you believe to have contributed to the...

US-China Trade War

Research and explain the factors that you believe to have contributed to the trade dispute between the USA and China.

Give your opinion on whether there can be any winners or losers resulting from this conflict.

Solutions

Expert Solution

The biggest category of U.S import from china were computers,cell phones,toys & sporting goods.Whereas china's biggest import from U.S are commercial air craft,soyabeans & semiconductors.
But all this trade comes in danger because of trade war between the both countries that have started in 2018 by U.S.
The president Donald Trump in 2018 began setting tariffs & other trade barriers on china,with the goal of forcing it to make changes to what the U.S say are"unfair trade practices.

We identified the four main reasons that led to the greatest trade war by US:

-to reduce the deficit of beliteral trade & increase the number of jobs.

-to limit access of chinese companies to american technologies.

-to prevent to growth of china's military strength.

-to reduce the federal budget dificit.

It is concluded that this trade war have no winners.Taking into account the two countries GDP scale and export volumes,the US china trade war will come amid a slowdown in the global production & international trade.

Hope this will help you.If it really does then please give a thumbs up.

Rahul Sunny answered 1 year ago

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