Exploring the Impact of Tariffs on the U.S. Economy, FDI and Trade: Lessons from China

Document Type

Article

Publication Date

12-2021

Subject: LCSH

China--Commerce--United States, Restraint of trade, Investments, Foreign, Intellectual property

Disciplines

Accounting

Abstract

China's economy has exploded in the last half century and has become a significant global competitor with the United States. In 2018, tensions rose when the United States accused China of stealing intellectual property, unfair trade practices and being a currency manipulator. This resulted in a multi-year trade war and continuing trade deficit between the two countries. This research paper is intended to focus primarily on the relationship between the United States and China regarding the recent impact tariffs have had on trade and foreign direct investment, with particular emphasis on recent economic impact to both countries, as well as political and humanitarian considerations. This paper will explore the trade war and impact it had on both the United States and China. The conclusions, recommendations and implications reached in this study are generalizable and appropriate for use in developing best practice solutions.

Comments

Article published in Review of Contemporary Business Research, volume 9, number 1&2, December 2021.

DOI

10.15640/rcbr.v9n1-2a4

Link to Full Text

Share

COinS