The China-U.S. Trade War

The China-U.S. trade war is a conflict where the United States and China imposed tariffs and trade barriers on each other's goods to protect domestic industries and address issues like unfair trade practices, intellectual property theft, and economic competition. The U.S. aimed to reduce its trade deficit and pressure China to change policies, while China responded with its own tariffs. This escalation led to increased costs for businesses and consumers, disrupted global supply chains, and created economic uncertainty. The trade war highlights tensions over economic dominance and trade fairness between these two powerful nations.