The main reason for trade conflict between China and US in 2018 is tariff imposed by each country on another. Tariffs are imposed by nation’s in order to support the domestic supplier by making the imported good costlier. The reason put forth by US is the unfair transfer of technology and intellectual property used by China to produce goods.
The another reason is the devaluation of Chinese currency which makes the Chinese goods cheaper and US goods expensive
Get Answers For Free
Most questions answered within 1 hours.