Arguing with two people.. making the whole world turbulent👀

The impact of the trade war between China and the United States that has become apparent since 2018 in the Donald Trump government era has affected many aspects of the global economy. As follows:

1️⃣ The global economy is slowing.

When the two largest economies raise tariffs on goods,

• Declining global trade

• Company delays investment

• Many economies are growing slower.

2️⃣ More expensive prices

Increasing import tariffs makes

• More expensive goods from China in America

• Consumers must pay more

• The company must bear the added cost.

3️⃣ company began moving its manufacturing base.

Many companies do not want to pay high taxes, so they move factories from China to other countries, such as

• Vietnam

• Thailand

• India

Make some of these countries benefit.

4️⃣ technology dichotomy.

The United States began to restrict Chinese companies such as

• Huawei

• ZTE

As a result, the world began to divide into two technological systems.

5️⃣ Political tensions have increased.

The trade war is not just about the economy, it's about

• World power

• Technology

• Stability

This has exacerbated the competition between China and the United States in many ways.

✅ Brief summary

The Sino-American Trade War resulted in

• The global economy is slowing.

• More expensive products

• The company moved its manufacturing base.

• The world begins to polarize technology.

# Trade war # World Economic News # Geopolitics # tradewar # fyph