A Deep Dive into US-China Trade Tensions: The Underlying Logic from Trade Deficits to Industrial Shifts
Since 2018, the United States and China have been embroiled in trade friction of a scale rarely seen in history. This economic contest, primarily initiated by the U.S., unfolded through measures like tariff hikes and the establishment of trade barriers, capturing widespread global attention. The main justification offered by the U.S. was the long-standing bilateral trade deficit, asserting that America was getting a raw deal. However, are the roots of this dispute truly that simple? This article will delve layer by layer into the surface, deeper, and fundamental causes of the US-China trade friction, striving to present readers with a clear, comprehensive picture.