US-China Trade War: Making America Great Again or a Symbolic Decline of an Empire?
Publication Date: 22/10/2019
Author(s): Sheriff Ghali Ibrahim, Mike Uwoh Benjamin.
Volume/Issue: Volume 2 , Issue 2 (2019)
Abstract:
This paper navigates into the contemporary U.S.-China trade war with the aim to examine the causes, impact on both sides and on the global environment. The paper also analyses the ambiance of the U.S. global influence especially from the perspective of Trump’s make America great again or its paradox of a declining empire, which seemed to be reason why the united states wages trade war not only against China, Mexico, Canada and a host of other nations. From the application of a library research, findings show that, a trade war would have a very serious repercussions all over the world; It could derail the current global economic expansion and cripple American businesses that depend on business with China. It could also further complicate geopolitical priorities. The paper concludes that, as the two biggest economies in the world, the trade war will definitely lead to great economic incongruity from both sides, but ensures more progress for Chinese economy and waning of American economic strength and global influence. The paper recommends that the US and China should find a safe landing for a better resolution of the ongoing trade war as it may affect the global economy in general, among other things.
