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The US trade war officially began in early 2018. From a historical point of view, it is also inevitable for economic and social development. Since 1893, the total economic output of the United States has been the first in the world, and it has been 126 years since then; by 2018, the GDP of the United States accounts for 24.17% of the world's GDP. In 1949, China's GDP accounted for 5% of the world's GDP; in 1978, it accounted for 4.31% of the world's GDP, accounting for 15% of the U.S. GDP; in 2018, it accounted for 15.86% of the world's GDP, accounting for 65.62% of the U.S. GDP.
In recent years, China has put forward clear strategic goals such as building a new Silk Road Economic Belt, the 21st century Maritime Silk Road and made in China 2025. Looking back on the modern history of the world, there has never been a compromise between the "eldest" and the "second". The Sino US trade war will make China's Vietnam War stronger and more obvious in the high-tech field. The risks are temporary and the opportunities are long-term.
After the US President trump launched the fourth round of sanctions tariffs on China on September 1, 2019, he said that if necessary, the tariff level will be gradually increased. Although economists have long pointed out that the tariff stick is a double-edged sword, which will hurt others rather than self-interest, and ultimately seriously hurt the United States itself.
The growth of trade is the key force to promote the global economic growth. However, the first economy launched a trade war and technology blockade against the second economy, leaving the world economy, which was in a difficult recovery, facing a crisis of focusing on recession. The United States tries to use economic means to slow down the rapid development of China's economy. Measures and means to benefit the people to be taken by the Chinese government
