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Domestic reporting on the trade war is censored in China. While news outlets are permitted to report on the conflict, their coverage is subject to restrictions; the South China Morning Post said that employees for Chinese media were told not to "over-report" the trade war [319] while an article in The New York Times said that state news outlets ...
A paper issued in 2019 by trade economists from the Federal Reserve and Columbia and Princeton universities reported that the trade war was costing the U.S. economy $1.4 billion per month by the ...
A trade war is an economic conflict often resulting from extreme protectionism in which states raise or create tariffs or other trade barriers against each other in response to trade barriers created by the other party. [1] If tariffs are the exclusive mechanism, then such conflicts are known as customs wars, toll wars, or tariff wars; as a ...
After the Second World War, the USSR withheld nuclear weapons technology, so the Chinese launched their own Manhattan Project in the early 1960s and succeeded in testing their first nuclear weapon ...
In pre-trade-war 2017, the year used as the baseline to calculate the additional purchases, "total U.S. exports to China equaled about $186 billion. That means Trump is asking China to increase ...
The Australia–China trade war is an ongoing trade war between Australia and China. The exact date of when the trade war began is debated, however it is understood it began in either 2017 or 2018. [1]
The escalating U.S.-China trade war could become a “forever war” that ultimately drags on with no clear end in sight, according to Stephen Roach, who is an expert on the Chinese economy.. The ...
In 2018, the year that a trade war with China was launched by U.S. President Donald Trump, the U.S. trade deficit in goods reached $891 billion, which was the largest on record [29] before the $1,183 billion deficit in the trade of goods recorded in 2021. [30] By the end of the Trump presidency, the trade war was widely characterized as a ...