Analysis of the Impact of Sino-US Trade War on Manufacturing Industry

Abstract

The essay explains the situation between Sino and U.S. It demonstrates how trade war begins. Actually, there are several reasons which make the trade war happen. Clearly, from the U.S .aspect, the bad performance of economic development is one of the most important reasons. Besides that, the influence of the society structure and the political structure is another reason which will be discussed in the essay. Another aspect is from China. Because the quick progress has happened in China, it asks for more rights and more progress space globally. China is a big country, it has the biggest population in the world. However, the law in China is not well prepared for quick progress. When doing business with the U.S., the law in China has never considered the U.S .company’s interest. It pushes Chinese law to change to consider more about the opposite sides benefits. In the last part, the essay analyses to the manufacturing industry in the trade war environment in China. Demonstrate that the price would rise, the global policy should be changed in China , the skills which need to be improved would be limited and the innovation would be effected.