#USChinaTensions lUS-China tensions have been escalating, affecting global trade and economic stability. The tensions, fueled by trade disputes, security concerns and competition for technological dominance, have led to increased tariffs, reduced bilateral trade and impacted business sentiment. Key areas of contention include ¹ ²:

- *Trade*: Tariffs imposed by both countries have reduced trade between the US and China, with the US trade deficit remaining broadly unchanged.

- *Technology*: Competition for dominance in emerging technologies, such as 5G and AI, has heightened tensions.

- *Security*: The US has raised concerns about China's military buildup and cybersecurity threats.

- *Global Impact*: The tensions have disrupted global supply chains, slowed investment and trade, and potentially reduced global GDP by 0.3%. Other countries have benefited from trade diversion, increasing their exports to the US and China.