Question

Growth in world trade over the past 30 years has been largely  fueled by trade between the U.S. and China. Will the ongoing political contention between the U.S. and China destroy the economic growth enjoyed by other countries as well?

Answer 1

Yes, China and US are the two greatest countries in terms of economic growth. After the big political trade war between the two countries, other countries also need to worry because huge market of goods were traded from this two countries across the whole world. Now the exports an imports will gradually decrease causing the decline of economic growth for other countries.

Moreover, there were wide range of products whose components were manufactured in China but now it is upsetting for the other countries to demand the component. Production could be shifted outside of Chine but it will take many years to build the factories and start the work.