Exports from the United States – 187.5 billion dollars, imports to the United States amounted to 522.9 billion dollars, according to figures on the eve of the trade war in 2017.
> coronavirus pandemics and war in Ukraine, trade confrontation between the United States and China has entered a phase of escalation. This July marks the expiration of the tariffs imposed by Washington in 2018 on imports of goods from China, which have become one of the key factors in this confrontation. The US Trade Representative's Office (USTR) has now launched a consultation on a possible extension of tariffs:
submit a request for extension. If a request for renewal is received, USTR will review the tariff actions. ”
It will be recalled that one of the most consistent critics of US trade relations with China was the predecessor of Democrat Joe Biden, Republican Donald Trump. He said China was “raping our country” in view of Beijing's economic “expansion.”
Read also: China has discussed with banks the protection of assets from US sanctions – Financial Times in addition, Trump became the first US president-elect since 1979 to call the president of Taiwan. China, which adheres to the “one China” policy, has taken this with caution. we are talking about indicators on the eve of the trade war in 2017. Thus, the trade deficit amounted to $ 335.4 billion for Washington.
Earlier, the author of DT.UA Natalia Butyrska tried to understand the situation with the aggravation of economic relations between Washington and Beijing in the article China is fighting the United States for the right to rule the world of high technology.
