7
/10 Severity
US-China Trade War
trade war
Mar 2018
→ Jan 2020
GDP Impact
-0.8%
Countries Affected
50
Duration
21.774193548387 months
Recovery
- months
Description
An ongoing economic conflict between the United States and China involving tariffs and trade barriers on hundreds of billions of dollars worth of goods.
Causes
Trade imbalances, intellectual property concerns, technology transfer issues, national security concerns.
Consequences
Tariffs on $550B of Chinese goods, supply chain disruptions, manufacturing relocations, reduced global trade growth.
Quick Facts
- Event Type
- trade war
- Start Date
- Mar 22, 2018
- End Date
- Jan 15, 2020
- Peak Year
- 2018