Sino-US Economic and Trade Relations in Trump Era

Zhang, Jian (2022): Sino-US Economic and Trade Relations in Trump Era. Published in: Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022) , Vol. 648, (26 March 2022): pp. 2913-2916.

Abstract

Trumpism not only retains the tradition of the Republican Party, but also has the factors of the times. It is character- ized by populism, emphasis on political identity, anti-globalization and neglect of alliances. The Sino-US trade war in 2018 and 2019 seriously affected the economic and trade relations between the two sides, which suffered the strongest impact since the establishment of diplomatic relations. After Biden succeeds, Trumpism will continue to have an im- pact on American society, politics and economy. Sino-US economic and trade relations will continue the status quo when Trump was in office. There is limited room for improvement, but there is no possibility of extreme deteriora- tion. There will be fierce competition in manufacturing and high-tech fields, while there will be a trend of decoupling between economic growth and high-tech industries in China and the United States.

• Item Type: MPRA Paper
• Language: English
• Keywords: Trumpism, Sino-US economic and trade relations, Relational reconstruction
• Subjects: F - International Economics > F1 - Trade; F - International Economics > F1 - Trade > F14 - Empirical Studies of Trade

References

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