#USChinaTradeTalks

Trade Talks Between China and the United States

The trade relations between China and the United States are among the most important and complex economic relationships in the world, given the size of the two economies and their global influence. This relationship has experienced phases of cooperation and tension, the most notable being the trade war that erupted in 2018 when the United States imposed tariffs on hundreds of billions of dollars worth of Chinese imports, and China responded with similar measures.

The trade talks between the two countries aim to address issues such as the U.S. trade deficit, forced technology transfer, intellectual property rights, and Chinese government support for local companies. Despite the signing of the "Phase One" trade agreement in January 2020, which included commitments from China to increase its purchases of U.S. goods and services, many fundamental issues remain unresolved.

With changes in the U.S. administration, there is a relative shift in approach, as the current administration prefers dialogue and diplomatic pressure alongside trade policies. Nevertheless, economic competition between the two powers continues, amid attempts to establish a kind of "strategic stability" that prevents tensions from escalating into a wider conflict.