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Title
The United States-China Trade War: Implications for the Liberal World Order
Author(s)
Amna Yaqoob
Abstract
Topic: The United States-China Trade War: Implications for the Liberal World Order Abstract This research focuses on the implications of trade war between United States and China during Trump era. This study explains the reasons that led trade conflict to trade war between two powers. It also highlights the policy measures taken by both states. Trade conflict converted into trade war and how it is a threat to a rule-based system. Tariff hike by one state begets the tariff rise from the other side. China's unprecedented rise in the past two decades and China's growing trade has irked the US. United States has been the advocate of free trade and economic liberalism itself. However, in the wake of rising China, it has set aside its own principles and is adamant to curb expansion of Chinese goods. This tension has led to daggers drawn between the two giants that are hampering world trade. Apart from it, as all states strive for power so the weak and vulnerable states are in a state of utter shamble. Their interests are at stake. The closely allied states to China may face wrath of the US and vice versa. There is a general opinion taken by the researcher while doing this research from different primary and secondary sources that a candid clear deal between the two powers is not only necessary for world peace but smooth grow of world economy at every level too. Both the powers must remain intact for bringing valuable solution to their trade imbroglio. The research also presents an analysis of overall world trade and contribution of the two worthy states. Key Terms US, China, Trade War, Tariffs, Liberal Word Order, Trade deficit, Protectionism, Neomercantilism, Political Economy, Free Trade
Type
Thesis/Dissertation MS
Faculty
Social Sciences
Department
International Relations
Language
English
Publication Date
2023-03-09
Subject
International Relations
Publisher
NA
Contributor(s)
NA
Format
16 Edition Chicago Manual
Identifier
NA
Source
NA
Relation
NA
Coverage
NA
Rights
NA
Category
NA
Description
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Timestamp
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12a6be2417.pdf
2023-03-30 13:36:05
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