The Impact of the Sino-US Trade War on China’s Economy and High-tech Fields
Siqi Wang ()
Additional contact information
Siqi Wang: The Experimental School Affiliated with Zhuhai No1. High School
A chapter in Proceedings of the 2025 International Conference on Financial Innovation and Marketing Management (FIMM 2025), 2025, pp 459-468 from Springer
Abstract:
Abstract To prevent the development of the economy of China and trade from threatening the protectionist capitalist economic system of the United States, the United States imposed multiple rounds of tariffs and trade barriers on China since 2018. Four years later, Trump came to power again. He imposed an additional 34% tariff on Chinese goods in April 2025. This move caused a sensation around the world, and the Sino-US trade war ushered in a new turning point. The Sino-U.S. trade war will undoubtedly deal a heavy blow to the industries of China, especially the high-tech sector, and the overall economic development of China, but cannot ignore the role of the Sino-U.S. trade war in promoting the independent innovation technology of China. The focus of this study is to analyze the multi-faceted and multi-angle impact of the Sino-U.S. trade war on the economy and high-tech fields of China and to provide a reference for adjustment directions on how China can balance its positive and negative impacts and maximize its interests.
Keywords: Trade Friction; Sino-us Trade War; High-tech Industry; Innovative Development; the Economic Development of China (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:
There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-874-5_54
Ordering information: This item can be ordered from
http://www.springer.com/9789464638745
DOI: 10.2991/978-94-6463-874-5_54
Access Statistics for this chapter
More chapters in Advances in Economics, Business and Management Research from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().