Търговският спор САЩ-Китай: повече политика, отколкото икономика
US-China Trade Dispute: More Politics Than Economy

Author(s): Vasil Gechev
Subject(s): Politics / Political Sciences, Political Sciences
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: Belt Road Initiative; Cyberespionage; Economic and Political Interests – USA and China; Trade Balance
Summary/Abstract: The trade dispute between the United States and China began on 6th July 2018, when higher tariff rates for imports of high-tech products from China came into force. The official reason for the new US customs policy is the deficit with China in trade in goods – which for the period 2001 – 2017 increased from $83.1 billion to $375.2 billion. Indeed, a deficit of this magnitude is a serious economic issue. Still, the circumstances determining China’s growing influence in world politics suggest a leading role in the political motives for starting the dispute. If China had a predominantly regional weight in the 80’s and 90’s of the twentieth century, today, the country is the main political and economic competitor of the United States worldwide. In this regard, US action appears to be an element of China’s containment policy rather than a desire to restore trade balance.

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