Title: US China Trade War Effect on Global Economy
Headings: US China Trade War Effect on Global Economy
US China Trade War Effect on Global Economy
Causes of US China Trade War
Impacts of the United States-China Trade War
1) Slow Global GDP Growth
2) US Manufacturing Suffered
3) Reduced Trade Flows between the US and China
4) China’s Yuan Depreciated
5) Increased Price of Goods and Reducing Demand
6) The structure of Production Changed
FAQs
1. How Does Trade War Affect the Global Economy?
2. How is the trade war affecting the US economy?
3. How does the trade war affect China?
4. Who is affected by the US China trade war?

Content: So, these manufacturing companies are losing sales everywhere; they are losing the US’s domestic market and the international market in China. Yet again, they are losing to third world countries because of high costs of their products which they cannot adjust owing to the increased price of the inputs. Therefore, they are proving to be less competitive as compared to the alternative sources of supply. 3) Reduced Trade Flows between the US and China
The war between the US and China has significantly reduced the US market share of Chinese imports because of the reduced trade flows between the two nations. The trade war has already weakened the economic developments in China in the last two years, thereby resulting in the decline of foreign trade in both nations. China’s goods imports from the US manufacturers also decreased drastically by over 25% than what was last year. Due to the rapid fragmentation of production chains and the low demand of goods caused by trade disputes, foreign trade flows of goods from China’s neighboring countries have also been reduced to a great extent. The value of imports from the European Union (EU) has almost come to a halt, which used to grow by more than 10% on an average every year. Overall, the increased tariff on businesses in both the US and China had negative impacts on their respective companies;