- An economic conflict between China and the United States has been ongoing since January 2018, when U.S. President Donald Trump 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 longstanding unfair trade practices and intellectual property theft. The Trump administration stated that these practices may contribute to the U.S.–China trade deficit, and that the Chinese government requires transfer of American technology to China. In response to US trade measures, the Chinese government accused the Trump administration of engaging in nationalist protectionism and took retaliatory action. After the trade war escalated through 2019, in January 2020 the two sides reached a tense phase one agreement; it expired in December 2021 with China failing by a wide margin to reach its targets for U.S. imports to China. By the end of the Trump presidency, the trade war was met with some criticism. His successor, Joe Biden, however, has kept the tariffs in place.
- China (Wikipedia)
China (Chinese: 中国; pinyin: Zhōngguó), officially the People’s Republic of China (PRC), is a country in East Asia. It is the world’s second-most populous country, with a population exceeding 1.4 billion. China spans the equivalent of five time zones and borders fourteen countries by land, tied with Russia as having the most of any country in the world. With an area of nearly 9.6 million square kilometres (3,700,000 sq mi), it is the world’s third largest country by total land area. The country consists of 22 provinces, five autonomous regions, four municipalities, and two special administrative regions (Hong Kong and Macau). The national capital is Beijing, and the most populous city and largest financial center is Shanghai.
- United States (Wikipedia)
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country in North America. It consists of 50 states, a federal district, five major unincorporated territories, nine Minor Outlying Islands, and 326 Indian reservations. It is the world’s third-largest country by both land and total area. The United States shares land borders with Canada to its north and with Mexico to its south. It has maritime borders with the Bahamas, Cuba, Russia, and other nations. With a population of over 331 million, it is the most populous country in the Americas and the third most populous in the world. The national capital is Washington, D.C., and the most populous city and financial center is New York City.