US-China Trade War: A Confrontation and Future Prospects

Abstract

The current paper aimed to analyze the timeline of the ongoing trade dispute between the two largest trading economies, the United States and China. In this research, the analytical approach was adopted to analyze and compare the different narratives of economists, experts and reporters. The latter helped us to understand the way in which the U.S. and China trading policies influence each other's perception and harm both economies as well as the global economy. Therefore, our study suggested that in this type of conflict, no one could win the battle easily and it would be costly over the long run. Essentially, this study concluded that the continuation of the trade war between China and the United States would more or less cause strong economic turbulence in every nation.