write a easy in 300 words on trade war between USA and CHINA
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Answer:
The China–United States trade war is an ongoing economic conflict between the world’s two largest national economies, China and the United States. President Donald Trump in 2018 began setting tariffs and other trade barriers on China with the goal of forcing it to make changes to what the U.S. says are "unfair trade practices".Among those trade practices and their effects are the growing trade deficit, the theft of intellectual property, and the forced transfer of American technology to China.
The China–United States trade war is an ongoing economic conflict between the world’s two largest national economies, China and the United States. President Donald Trump in 2018 began setting tariffs and other trade barriers on China with the goal of forcing it to make changes to what the U.S. says are "unfair trade practices".Among those trade practices and their effects are the growing trade deficit, the theft of intellectual property, and the forced transfer of American technology to China.Since the 1980s, Trump advocated tariffs to reduce the U.S. trade deficit and promote domestic manufacturing, saying the country was being "ripped off" by its trading partners; imposing tariffs became a major plank of his presidential campaign. Although some economists and politicians argue that the United States' persistent trade deficit is problematic, many economists argue that it is not a problem,and very few advocate tariffs as a solution, citing historical evidence that escalating tariff conflicts result in no winners.
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Answer:
Among the trade practices and their effects which the US claims are unfair are the growing trade deficit, the theft of intellectual property, and the forced transfer of American technology to China. Those, and other rationales for the tariffs, we're explained in a government report published in March 2018.
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