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An economic conflict between China and the United States has been ongoing since January 2018, when U.S. President Donald Trump began setting tariffs and other trade barriers on China with the goal of forcing it to make changes to what the U.S. says are longstanding unfair trade practices and intellectual property theft. [1] .
Feb 28, 2022 · A trade war happens when one country retaliates against another by raising import tariffs or placing other restrictions on the other country's imports. Trade wars can commence if one country...
The latest developments on US-China trade disputes. Breaking news and analysis on the US-China trade war, a conflict between the world's two largest economies.
May 27, 2019 · How the US-China trade war will hit Singapore. Mr David Low, chief executive of Futuristic Store Fixtures, says if his firm had factories only in China, the trade war would have been a...
A trade war is an economic conflict often resulting from extreme protectionism in which states raise or create tariffs or other trade barriers against each other in response to trade barriers created by the other party.
In The US-China Trade War and Global Reallocations (NBER Working Paper 29562), Pablo Fajgelbaum, Pinelopi K. Goldberg, Patrick J. Kennedy, Amit Khandelwal, and Daria Taglioni find that the trade war created trade opportunities for other nations and increased overall global trade by 3 percent.
The world's two largest economies have been locked in a bitter trade battle. The dispute has seen the US and China impose tariffs on hundreds of billions of dollars worth of one another's goods.
Nov 22, 2023 · 8 Jun 2021. Biden strike force to target 'unfair' trade. The US announced plans to target "unfair foreign trade practices", which it says have damaged supply chains. Business. 26 May 2021. US...
Jan 15, 2020 · Trade war: US-China trade battle in charts. A quick guide to the US-China trade war. Winner: President Xi Jinping. China appears set to emerge from the signing having agreed to terms it...
May 27, 2021 · SHANGHAI — Just days before the coronavirus shut down the Chinese city of Wuhan and changed the world, the Trump administration and China signed what both sides said would be only a temporary truce...
