#TradeWarEases

The trade war between the United States and China, which began in 2018, arose from trade imbalances and accusations of unfair practices. The U.S. imposed tariffs on Chinese products in an attempt to reduce its trade deficit, while China responded with similar measures. This conflict affected global supply chains, generated economic uncertainty, and put pressure on multinational companies. Although a phase one agreement was signed in 2020, tensions persist, influencing global technological and trade policies. The dispute highlighted the rivalry for global economic leadership and the need for new rules in international trade to balance interests.