Study On Sino-US Trade Friction Under The Profound Changes Unseen In A Century

The world is undergoing profound changes unseen in a century,with the world’s landscape "rising in the east and falling in the west" and the rise of emerging market countries in groups,peace and development are being severely challenged,and the prospects of world economic recovery are uncertain.As the world’s top power,the United States is slowly pulling back the curtain of decline,and in the face of China’s strong revival,U.S.President Donald Trump and Joe Biden have defined China as a "strategic competitor" and "the only global competitor".Trump’s reckless provocation of trade friction between China and the United States on the grounds of the huge trade deficit between the United States and China is not,of course,a decision made by Trump on a whim,but a trade protectionist philosophy demonstrated during his election campaign.Trump implemented incremental tariff pressure on China in three phases involving $50 billion,$200 billion and $300 billion respectively,and also extended the trade friction to the fields of science and technology and finance,seriously damaging the economic and trade relations between China and the United States.After taking office,Biden inherited Trump’s trade philosophy with China and launched a new offensive of trade frictions against China,increasing trade barriers in high-tech fields and trying to contain China’s development by pulling in U.S.allies to set new rules.China,on the other hand,in the face of the trade friction initiated by the U.S.,first set out its position to resolutely safeguard its own national interests by responding positively and taking sensible countermeasures while trying to promote Sino-US economic and trade consultations in the hope of building a new type of major power relationship between China and the United States.China has also taken initiatives to enhance its capacity for independent innovation in science and technology,smooth the dual domestic and international circulation and expand its opening to the outside world to actively respond to the long-term suppression by the United States.The trade friction between China and the United States,as the world’s two largest economies,is bound to have a huge impact on the world,not only advancing the evolution of the world’s profound changes unseen in a century,intensifying the reshaping of the international political and economic landscape,trade friction superimposed on the new crown pneumonia epidemic has increased the difficulty of world economic recovery,but also profoundly affects theoretical studies of international relations.The impact of trade friction between China and the United States on the United States itself is also huge,the economic downturn,inflation,more accelerated the decline of U.S.national power,the strategic mutual trust between China and the United States is also greatly reduced.Although China’s economy has been hit to some extent,the overall trend of recovery has not been affected and China’s strategic self-confidence has been enhanced.I hope that China and the United States will abandon their prejudices,manage their differences,strengthen cooperation and resume exchanges in all fields between China and the United States.