After a tumultuous few years of tit-for-tat trade tariffs, optimism for the end of the U.S.-China trade war is spreading. Though trade was expected to be an arena of change for experts and officials from the start of 2021 as President Biden took office, most of the higher trade tariffs that were implemented by the Trump administration remain in place, affecting over half of all trade flows between China and the U.S., reported Moody’s. Still, the U.S. and China are resuming normal trade talks- recent discussions between Chinese Vice-Premier Liu He and both U.S. Trade Representative Katherine Tai and U.S., as well as a conversation between Commerce Minister Wang Wentao and his American counterpart Gina Raimondo offer renewed hope that a mutually beneficial trade agreement will be a reality for this important bilateral relationship sooner rather than later. To look to the future, we must examine the past. View some of the most significant events during the China-U.S. trade war in CUSEF’s U.S.-China Trade War timeline.
Here at our CUSEF blog, we share news, updates and stories about China and the United States. We provide more than a cursory glimpse of what’s going on between the two powers - here, we offer an in-depth look into their current state of affairs.
Development of the U.S.-China Trade War
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