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usa and china war
The **U.S.-China trade war** began in 2018 under the Trump administration and has had significant global economic repercussions. Here’s a breakdown of key aspects: ### **Causes of the Trade War** 1. **Trade Imbalance** – The U.S. had a large trade deficit with China ($375 billion in 2017). 2. **Intellectual Property (IP) Theft** – The U.S. accused China of forced technology transfers and IP theft. 3. **"Made in China 2025"** – China’s industrial policy aimed at dominating high-tech sectors (AI, robotics, semiconductors) raised concerns in the U.S. 4. **National Security Fears** – U.S. saw China’s rise in tech (e.g., Huawei, semiconductors) as a security threat. ### **Key Events** - **2018**: U.S. imposed tariffs on $50B of Chinese goods (later expanded to $250B); China retaliated with tariffs on U.S. goods (soybeans, autos). - **2019**: Escalation continued, with U.S. tariffs reaching up to **25%** on $550B of Chinese imports; China retaliated with tariffs and non-tariff barr...
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