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The US - China Trade War Explained in One Minute: Causes/Reasons United States Tariffs etc.

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One Minute Economics

The US China trade war has been receiving more and more attention... rightfully so at the end of the day in light of the fact that we are talking about the world's #1 and #2 economies.

At the title makes clear, this video is all about explaining the United States China trade war in a comprehensive manner: from causes and reasons (on both sides) to specific measures such as US tariffs and Chinese retaliation.

While the reasons behind the US China trade war are quite complex, it's not all that difficult to understand the big picture, to wrap your head around the various causes of the tensions between the United States and China.

As explained through this animation, it would be a mistake to assume that the United States could easily win a trade war against China. On the one hand, sure, that would definitely be both possible and hasslefree if China doesn't retaliate but realistically speaking... how likely is that to happen? Not very :)

The main message transmitted and explained through this video should therefore be crystalclear: there's a very high likelihood that the trade war between the US and China will only have losers and as such, preventing further escalation is the name of the game!

posted by concluzienn