Research On Global Economic Trends in The Context of The Sino-Us Trade War

Abstract

It has been almost eight years since the Sino-US trade war started, and since it came out there have been incidents and undulations linked to the change in situations of war, such as rising tariffs and declining economies here and there all around the world. This prompt people and governments that the Sino-US trade war is not only conflicts rising between China and the USA but related to the economic situations of the whole globe. In this paper, the aim of researching and creating passages is to reveal how this war has made an impact in the world, causing different crises and also chances to become brand-new for all, gradually affecting the globe’s economic situation and trends. In the research, evidence based on various literatures and data to analyze topics in different angles are used, such as affects in different countries, economic system and international trades. The paper will also make conclusions from this evidence and provide things such as strategies to cope with the trade war and prospects for the future. In the second and third paragraphs, this evidence will be analyzed using the division of developed and developing countries, which experience different changes due to various economic states. Finally, summaries will be made based on former parts and other facts about this paper will also be displayed.