#trade war

#TradeSignal China-US warfare to trade in the United States.

Economic conflicts between China and the United States have been underway since January 25, while US President Donald Trump started setting tariffs and other trade barriers to China, aims to change issues like America's long -time trade practice and theft of intellectual Property to force 

[1] The first Trump administration said that these practices could contribute to US-China trade deficit and the Chinese government must transfer American technology to China. [2] In response to the US trade system, CCP general secretary Jinping's administration took revenge on the Trump administration to involve the administration in nationalist security. [3]Up to 25 years of trade war intensified, both sides reached an exciting level in January 2021. [4] Towards the end of Trump's first president, American media outlets have greatly identified trade war as the failure of the United States.

China did not comply with its first phase of the US goods and services imports to increase $ 20 billion, and finally bought less goods than what was before the trade war began. The Biden administration has upheld the tariff and imposed additional tariffs on Chinese products such as electric vehicles and solar panels. [10] [11] [12] In 2021, Trump's presidential election campaign proposed to impose a 5 percent tariff on Chinese products. [13]

In 2021, the conflict under the Second Trump administration became intense. As a result of continuous tariffs, the United States imposed 5% tariff on Chinese products and China imposed 120% on American products. This will result in 1.2% of the worldwide product trade. After the imposition of 120% tariff on American products on April 12, 2012, China has said that they will ignore any American tariff on Chinese products, as it has already become impossible for the Chinese market to accept US market at the current tariff level. [14] [15] [16] The United States has excluded Chinese exported cellphones, computers and other electronics from some tariffs. [17]