China - US trade war
The United States of America and the People’s Republic of China are the two main economies in the World, accounting together for almost 40% of the global GDP.
US and China are also strong trade partners and the mutual exchanges of goods and services have increased year by year.
Fig. 1: US trade with China from 2002 to 2017
(source: RSA based on data from International Trade Administration of US Department of Commerce)
In 2017, the total amount of goods exchanged between the two economies totalled USD 635 billion, an increase of 10% if compared to the amount recorded the previous year.