Captura de Pantalla 2020-01-27 a la(s) 1.49.38 p. m.

Give me some context…President Trump started a trade war with China last year by applying tariffs (aka taxes) on products that come from China, making Chinese products more expensive in the U.S. This makes Chinese businesses lose money because Americans might buy other less expensive products.

Why would Trump do that?

  1. The U.S buys more from China than China buys from the U.S
  2. Accuses China of intellectual property theft of US technology– This means that China makes knockoffs of designer brands while borrowing technological breakthroughs

The war unfolded as follows:

  1. Trump imposed tariffs on a lot of Chinese goods (flat-screen televisions, aircraft  parts…). This products will now face a 25% tax when imported to the U.S.
  2. Chinese President Xi Jinping was like “ok, I see your tariffs and raise you the same”. China imposed tariffs on 128 American products  including aluminum, airplanes, cars, pork, and soybeans.
  3. Trump continues imposing more and more tariffs– totaling more than $250 billion. China too.

Who loses the war? Chinese companies, American companies, and consumers, who will find the products they buy more expensive.

What now?

After almost 2 years, the U.S. and China have reached an initial trade deal.

Related articles:

China vs American companies.


  1. Excellent blog right here! Additionally your site rather a lot up fast! What host are you the usage of? Can I get your associate link on your host? I want my web site loaded up as quickly as yours lol

  2. What i don’t realize is in reality how you’re now not actually much more well-favored than you may be right now. You’re very intelligent. You understand therefore significantly with regards to this topic, made me personally believe it from numerous various angles. Its like men and women aren’t involved until it’s one thing to do with Lady gaga! Your own stuffs nice. At all times maintain it up!


Please enter your comment!
Please enter your name here