Social Sciences
3 years ago

Trade War Escalates: US and China Clash Over Unfair Policies, Threatening Global Economy

Knowledge International Journal
NEW PROTECTIONISM IN TRADE RELATIONS BETWEEN US AND CHINA
Emilija Miteva-Kacarski, Kostadinka Panova

Paper Summary

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The US and China are in a trade conflict due to accusations of unfair practices. The US claims China is taking advantage of trade agreements while protecting its own market. Both countries have increased tariffs on each other's imports. This has led to economic effects that are being analyzed in this paper.