The Impacts of the U.S.-China Trade War

As the world's two largest economies, China and the United States maintain strong economic and trade relations in a variety of fields, and the scope of cooperation has continued to grow. Economic interdependence between China and the United States has grown stronger as economic globalization continues to strengthen and China's foreign trade continues to develop. Economic and trade ties between China and the United States have become increasingly strained in recent years, to the point where trade wars have erupted. This phenomenon would undoubtedly have an impact on the normal development of bilateral trade between the United States and China. This thesis primarily identifies the background and process of the U.S.-China trade war, identifies its causes and features, and then comprehensively and concretely analyzes the impact of the US-China trade war on the trade and economy of China and the United States. In this way, the U.S.-China trade imbalance can be viewed more objectively, and it also has practical implications for reducing trade friction between the two countries.