Relationship Between United States of America and China | Presentation

Relationship Between United States
of America and China

Introduction
United States and China are locked in vicious trade battle. Over the past couple
of years, both countries imposed taxes on the goods and services being traded
across the globe, resulting in unfair trading practices and intellectual property
theft committed by China. This uncertainty is affecting business and
contemplating on the global economy. The US taxation system aims to
encourage customers to buy US-made products by contrasting the price with
imported goods. The US government has also imposed tax-related tariffs
estimated at $360bn on Chinese products, where the latter had roughly $110bn
of imposed tariffs on US products

The paradox in the US-China relations
The economic growth in China, that is rather uncontrollable, contributes in the increase
of demand and the aspiration to trade with the external world. In order to maintain this,
the country will have to accumulate power and influence. The United State government
donot have any commercial link with China. During the post-cold war, US government
failed to maintain a good trade performance as compared to China. This resulted to
terror campaigns by Afghanistan & Iran.