Trump is quite concerned that Chinese companies acquire technological leadership.
This Chinese-American trade war may affect the operation of technology companies around the world.
Until a few decades ago it had been the main producer of both industrial inputs, but the growth of other countries, particularly China, was displacing it from that position.
It is no coincidence that Trump is imposing these protectionist measures abruptly, but is part of a series of more general sequence of events.
The global economy is one step closer to full trade war if the United States puts its threat into action to impose tariffs on the rest of imports.
The problem is that the expectations were actually met. The growth of the Chinese economy was exponential.
Globalisation does not respect borders. Donald Trump knows this well, although in their proclamations and tweets, he prioritizes nationalisms.
US uses a tariffs policy against Chinese imports and is attempting to do it same with those from Mexico.
It all in December 2016, at the beginning of his mandate, when the president of the United States proclaimed his goal to put "America First" (America above all).
It seems that this is a process of American economic decline, despite all their inventions.
The international diary was tensioned by the Trump administration's measures as regards tariffs on Chinese products.
There are growing concerns over the impact of the current trade tensions.
The disagreements between the US and China go deeper than just the imposition of tariffs by President Trump on the country that economically could finally overshadow the American giant.
THE ECONOMY JOURNAL
THE ECONOMY JOURNAL ALL RIGHTS RESERVED
Aviso legal - Política de Cookies - Política de Privacidad - Configuración de cookies