The U.S.-China Trade War

The U.S.-China Trade War is a conflict where the United States and China imposed tariffs and trade restrictions on each other’s goods to protect domestic industries and address concerns like unfair trade practices and intellectual property theft. This led to increased costs for businesses and consumers, disrupted global supply chains, and strained economic relations. The goal for both countries was to influence trade behaviors and negotiations, but it also created uncertainty in global markets. The trade tensions highlighted the complex economic interdependence between the two nations and the challenge of balancing trade policies with economic growth.