Title: China–United States trade war - Wikipedia
Headings: China–United States trade war
China–United States trade war
Contents
Background
The US-China trade relationship
Trump administration's complaints
China's response and counter-allegations
Chronology
2018
2019
2020
2021
Effects
Overall effects on U.S. economy
Stock market
Domestic politics
Other countries
Reactions
Chinese domestic reactions
United States domestic reactions
Congress
Agricultural
Business
Manufacturing
Economists and analysts
Others
International
See also
References
Further reading
External links

Content: Among U.S. politicians, some disagreed with the tactics Trump employed, but most agreed with the goal of putting pressure on China. Contents
1 Background
1.1 The US-China trade relationship
1.2 Trump administration's complaints
1.3 China's response and counter-allegations
2 Chronology
2.1 2018
2.2 2019
2.3 2020
2.4 2021
3 Effects
3.1 Overall effects on U.S. economy
3.2 Stock market
3.3 Domestic politics
3.4 Other countries
4 Reactions
4.1 Chinese domestic reactions
4.2 United States domestic reactions
4.2.1 Congress
4.2.2 Agricultural
4.2.3 Business
4.2.4 Manufacturing
4.2.5 Economists and analysts
4.2.6 Others
4.3 International
5 See also
6 References
7 Further reading
8 External links
Background
See also: Economy of China, Economy of the United States, Intellectual property in China, United States–China Relations Act of 2000, and China and the World Trade Organization
The US-China trade balance over time
US trade deficit (in billions, goods and services) by country in 2014
The US-China trade relationship
Main article: China–United States relations
US president Bill Clinton and Chinese leader Jiang Zemin holding a joint press conference at the White House, October 29, 1997
US president George W. Bush and Chinese leader Hu Jintao at the White House, April 20, 2006
US president Barack Obama and Chinese leader Xi Jinping raising a toast during a state dinner at the White House, September 25, 2015
The volume of trade in goods between the US and China has grown rapidly since the beginning of China's economic reforms in the late 1970s. The growth of trade accelerated after China's entry into the World Trade Organization (WTO) in 2001, with the US and China becoming one another's most important trading partners. The US has consistently imported more from China than it has exported to China, with the bilateral US trade deficit in goods with China rising to $375.6 billion in 2017. The US government has at times criticized various aspects of the US-China trade relationship, including large bilateral trade deficits, and China's relatively inflexible exchange rates. The administrations of George W. Bush and Barack Obama imposed quotas and tariffs on Chinese textiles in order to shield US domestic producers, accusing China of exporting these products at dumping prices. During the Obama administration, the US additionally accused China of subsidizing aluminum and steel production, and initiated a range of anti-dumping investigations against China. However, during these two US administrations, US-Chinese trade continued to grow.