Experience and Prospect of Trade War Between China and the United States

DOI

10.2991/assehr.k.211220.188How to use a DOI?

Keywords

Trade between China and the United States; bilateral agreements; WTO dispute settlement mechanism

Abstract

After the initial opening, development and friction, trade between China and US has now escalated into a trade war. After the wars of 301 and 232, China and the United States realized that only cooperation could conform to the trend of international economic development, so they sought solutions through bilateral agreements. Firstly, this paper reviews the history of trade between China and the United States to illustrate the potential of cooperation between this two country; Secondly, by analyzing the bilateral agreements signed, it points out that China and the United States have begun to cooperate to solve trade problems, and the economic and trade relations between the two countries have eased; Finally, this paper gives suggestions on how to better promote the development of Sino US trade relations. China and the United States should, in line with the trend of globalization, shoulder their respective responsibilities as big powers and make joint efforts for world development.

Copyright

© 2021 The Authors. Published by Atlantis Press SARL.

Open Access

This is an open access article under the CC BY-NC license.

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TY  - CONF
AU  - Jiaheng Deng
PY  - 2021
DA  - 2021/12/24
TI  - Experience and Prospect of Trade War Between China and the United States
BT  - Proceedings of the 2021 4th International Conference on Humanities Education and Social Sciences (ICHESS 2021)
PB  - Atlantis Press
SP  - 1100
EP  - 1104
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.211220.188
DO  - 10.2991/assehr.k.211220.188
ID  - Deng2021
ER  -