Sino-US Trade War and its Impact on the Global Trade: A Critical Analysis
Keywords:
Sino-US Trade Relations, Trade War, Intellectual Property Theft, Rise of China, Resumed Cold War PerspectiveAbstract
China's remarkable economic ascent from a once fragile economy to the position of the world's second-largest economic powerhouse has fueled apprehension in the United States. The advent of President Trump in 2017, with his assertive governing style, marked a turning point. Fueled by concerns over longstanding issues such as alleged unfair trade practices and intellectual property theft, the U.S. initiated a trade war against China through the imposition of tariffs on Chinese products. This paper aims to scrutinize the grounds and allegations put forth by the U.S. against China. Through a qualitative analysis, it offers a concise overview of the historical context of Sino-U.S. trade relations, complemented by an exploration of the rise of China. Additionally, the study delves into the repercussions of the trade war on Pakistan and examines the Sino-U.S. rivalry through the lens of a "Resumed Cold War" perspective. By critically examining the reasons behind the U.S. stance on China, this paper seeks to contribute to a nuanced understanding of the complexities surrounding the Sino-U.S. trade dynamics and their broader geopolitical implications.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2023 Al-Mahdi Research Journal (MRJ)
This work is licensed under a Creative Commons Attribution 4.0 International License.