China Trade War

The China-U.S. trade war is a conflict where the United States and China impose tariffs and restrictions on each other's goods to address issues like intellectual property theft, unfair trade practices, and market access. The U.S. aimed to reduce its trade deficit and protect domestic industries, while China responded with its own tariffs. This dispute increased costs for businesses and consumers, disrupted global supply chains, and created economic uncertainty. The trade war highlights tensions over economic influence and fair trade, encouraging both countries to negotiate on rules governing international commerce.