The trade war between the United States and China is believed to have a negative impact on the Chinese economy. If China wants to win the trade war, it might consider the following suggestion provided by scholars: Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an original essay Make life difficult for US companies The Chinese government has a lot of control over its citizens. If the government wants its citizens to stop traveling to the United States or abandon purchasing American goods, it can easily make that happen. For example, in 2016, when Hong Kongers protested for greater independence from China, Chinese citizens visiting Hong Kong as tourists dried up. The Chinese government has not declared any new rules banning people from visiting Hong Kong, but Chinese citizens have stopped visiting Hong Kong anyway. It could happen to American companies like Apple, Boeing, McDonald's or Burger King that they consider symbols of the USA. As such, China can introduce regulatory burdens on US companies, such as taxing certain businesses, implementing antimonopoly investigations, instituting environmental regulations…. etc. China may also make it more difficult for Americans to obtain visas. All this can really slow down US business and make their life very difficult in China. China could build trade partnerships with other countries around the world and isolate the United States. If Chania really wanted to start a partnership with other countries, it could join the Trans Pacific Partnership (TPP), with which the United States withdrew the partnership with them when Trump came to power. Then China will have more open trade with these 11 countries. The United States also imposes taxes on goods imported from Canada, the EU, and Mexico, to encourage Americans to buy American products. Therefore, China can also start trade relations with these countries. Thus, China can easily isolate the United States from global trade. This should be a long-term goal of China and will not happen overnight. According to the US Federal Reserve (2017), China is one of the largest holders of US Treasury securities, owning approximately $1.168 billion in bonds in 2017. China is one of the largest holders of US Treasury securities. If the Chinese government decided to sell its stocks and stop buying new US bonds, it would have a negative impact on the US economy. Please note: this is just an example. Get. now a customized document from our expert writers. Get a Custom Essay Devaluing the Yuan If China really wants to irritate President Donald Trump and make tariffs moot, it could devalue the yuan. In fact, this will be the best tool it has to take revenge on the United States. 6. Conclusion The trade war between the United States and China is considered the largest trade war in economic history: each country imposed tariffs on goods traded with the other. There are fears that the escalation of the trade conflict between the world's two largest economies could lead to a full-scale global trade war, and will ultimately continue as another cold war. This has already negatively impacted China, the United States, and the world economy in different ways. However, there is still enormous potential for trade and investment cooperation, considering the strong complementarity of the two major economies. Therefore, the two countries have the responsibility to maintain the stability of the global trading system and should resolve..
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