THE US-CHINA TRADE WAR: CAUSE-EFFECT ANALYSIS
Journal Title: The EUrASEANs: journal on global socio-economic dynamics - Year 2019, Vol 1, Issue 1
Abstract
The US-China trade war has been considered one of the urgent issues in today’s international trade. In fact, this is a trade war where top two largest world economies participate. In this paper, we have made an attempt to describe and explain the motives behind this trade war along with the potential threats, causes and effects for the world economy. Comparative macroeconomic analysis of the involved countries has been also conducted. Possible retaliation of China and other countries to the US’ increasing in tariffs on imported goods, protectionism and deficit issues in the US are discussed in the first part of the paper. The authors focus on the potential threats and effects that this trade war may have on the world economy from the political economy point of view. Authors’ vision on the future prospects of the current situation is also presented.
Authors and Affiliations
Irina Onyusheva, Nopbhol Naruenatdumrong
Keywords
Related Articles
- EP ID EP581782
- DOI 10.35678/2539-5645.1(14).2019.07-15
- Views 84
- Downloads 0
THAILAND 4.0’S INNOVATION AND TECHNOLOGY: ANALYZING INDICATOR LEVEL
The objective of the research titled ‘Innovation and Technology of Small and Medium Enterprises (SMEs) in Coconut Sugar Business in Thailand 4.0’ is to study the level of innovation and technology of Small and Medium Ent...
FACTORS OF HIGHER EDUCATION INSTITUTIONS RANKING (COMPARISON OF THREE WORLD UNIVERSITY RANKINGS)
Many universities have drawn attention to world university rankings, which reflect the international competition of universities and represent their relative statuses. This study does not radically contradict all types o...
STANDARDIZED ANALYSIS OF THE CROSS-REGIONAL CLUSTERS’ EFFICIENCY (THE CASE OF RUSSIA)
Innovative development today belongs to the most topical problems, both for science and for public authorities in any country. In its turn, this type of development is impossible without territorial integration which is...
PURCHASE BEHAVIOR OF ORGANIC SEAFOOD CONSUMERS IN VIETNAM
Consumers make buying decisions according to specific market conditions and also to various attribute of the product, namely, the specie, the form, and the place of purchasing, product size and its quality. The results o...
ENHANCEMENT OF AGRICULTURAL EXPORT QUALITY STANDARD (THE CASE STUDY OF TUBTIMJUN ROSE APPLE EXPORT IN RATCHABURI PROVINCE, THAILAND)
This research had an objective to study the agricultural export quality standards in the case of exporting tubtimjun rose apple from Ratchaburi province, Thailand. This is a qualitative research with the sample of 9 expe...