Donald Trump’s Escalation of US Trade War Over the World

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Donald Trump’s Escalation of US Trade War Over the World

Abstract

The trading war is the most economic resulting in extreme protectionism in which states raise or create tariffs or other trade barriers against each other. The U.S demands how it’s unfair the growing trade deficit is break-in on all intellectual property which is transfer from American technology into China. The duty’s Trump has but on China are causing consequences on consumer goods in the U.S, most of them won’t be paying more of many everyday purchases. Trump has shown that only 25 % of its duties are from $ 250 billion on Chinese products that are only made machinery and industrial materials. Wendy Cutler is a trading expert from the Asia Society Policy that referred to the comment Trump tweeted on how he labeled the Chinese President Xi Jinping as he’s enemy because he made the raise on the tariff to $300 billion on products from China. Donald Trump ordered the U.S business to leave China because of the reduced-on turmoil in the stock market. Many U.S famers and businesses are getting distorted because of the new approach to how China wants to do negotiations. The trading office is demanding to cut a large area of trading on the surplus with Americans to open up markets that are state-run to use industrial policies.

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The United States is having more economic losses more than China relating to its trading war. The trade war is affecting the economic more as China demands officials of US to the defend Beijing’s position by putting pressure on China on trade deal if they don’t agree it will cause more imposed to low the levels of tariff on Asian giant said the White House adviser. A couple of months later Trump has tweeted based on the negative news on China’s economy how he can escalate the trading tariffs. He also commented on how the manufacture from China are trying to avoid the United States tariff deflation which is causing many Chinese factories to lose their jobs due to the tariffs. The low-level tariff could go to 50 percent or 100 percent, Trump’s critics were wrong for thinking he just bluffing when he said was going to threaten all the out-trade war.  Trump can raise the economy to a higher level it also put the economy in danger.

The US president is suggesting to making new laws that could discretion, china could put off the interim agreement. Trump signed the Hong Human Rights and Democracy and ignored China’s threat to retaliation. China reacted with anger and outrage blasting the U.S for interfering in China’s domestic affairs also calling in the US ambassador to protest. Beijing may be temporarily putting the stop on trade with the U.S  he’s showing  displeasure. Hong Kong and Trump spoke on their right for Chinese’s President Xi Jinping saying how the bill also protects Hong Kong act but many people from China and Hong Kong are being in enacted on hoping the leader and the representative of this two countries will be able to understand their differences leading to long term agreement for peace and prosperity for both countries.

China wants to decrease all U.S tariffs in the aspect of all the Chines goods a removing it from the United States. The sources with direct knowledge on trade told the Global Times, the U.S removing tariff which isn’t planned be a part of a deal. China’s ruling Communist Party also unidentified sources, U.S officials had been demanding tariffs because of the only weapon they have to give up in the trade war. The United States imposes an additional 15% tariff on $156 billions of Chines goods on Dec. 15 expecting all the tariffs to arrive but Chine pressed for a rollback for all the tariffs. After the rollback from China, Donald Trump said deal aimed at defusing the trade war with China, the president Xi Jinping said he was a desire for a trade agreement. Both countries’ trade negotiators said again to work on the reminding issues.

Another trading war on U.S soybean on the awaiting how China will deal with brazil and Argentina exporters for the no deal. Donald Trump said famers are getting to tick in the U.S who may come lose outcrops from South America. Argentinian trade said the farmers are hoping a no-deal for strong export to China can continue. Argentina and Brazil are having problems with the U.S because of then being absent from the Chinese markets over the past 16 months Hefty tariffs have seen US soybean sales to China have fallen to 90 percent cent with largest replaced from the imports from Brazil. There was a report in 2015 on the output from the US which was %10 bigger than Brazil a billion-dollar investment in Brazilian infrastructure to secure a long-term supply of the soybean it needs. China has bought more than 6 million tons of Argentinian beans and out to a total of roughly 85 million metrics in almost 100 percent of Argentina’s soybean export