Introduction of China and US relations

In the 1972, when the Nixon has visit, then the relations among the China and United States have grown dramatically. Nixon's has got after his visit that the US and China has back as friends rather than to performing against each other’s due to the differences of their government policies. Ever since the nation has started to deal with each other their relationship has been very shaky. First, in the last seventeen hundreds they were on good terms of relationship. There has been trading polices among both of these countries and the Chinese governments has allow to the Americans to invest in America and start business over here. This policy was really help for the economy of the both countries. This essay explores the relationships of the United States and China along with the brief history.  The economic and trade relationships of both of these countries are also explores in this paper.

History of China and US relations

Until the visit of the Nixon in china in the 1970s, China and United States relationships were hostile. He was keening for the good terms and conditions among the China and United States and he wants its relationship back. From the era of the 1949 to 2000 there were several reformers who have work for maintaining the good relationship among the China and United States and they were keening to establish the good relationship and terms and conditions among China and United States. Several of these reformers became successful in order to implements their plan but there was few of them who were not successful due to the various crisis and World War II. If the era of the 2019 will discussed for the relations among the China and United States it shows on March 6, 2019 the United States Sues by Huawei. The United States Sues by Huawei in separate lawsuit in order to banning the federal agencies of the United States by using the giant’s equipment of the telecom. For the battle of the technological supremacy with Beijing an aggressive campaign has been launches by the administrations of the Trump. The aim of this campaign was to warn other countries for not using the Huwaie equipment in order to build the 5G networks. They have claimed that the governments of the China could use the company to spy (Cfr Org, 2019).        

The US-China economic relationship

On August 2019, it has been labels by US that the China is currency manipulator. It has been designated by the administrations of the Trump that China a currency manipulator after the China’s central bank lets the yuan weaken significantly. Since 1994, for first time the designation has applied for the China. It is mainly a symbolic. But it has become less than it after the announcements of the Trumps for higher tariff on $300 billion worth of goods. It represents that there would be taxes for everything that will be imported from China. Beijing warns that the designation will “trigger financial market turmoil.”

US-China Trade Relationship

On May, 2019, the trade War has intensifies. After the break down of the trade talks, the tariffs are raises by the administrations of the Trump 10 to 25 percent on $200 billion worth of Chinese goods. The China has fight back by announcing the plans for enhancing the tariff on $60 billion worth of American goods. The president Trump has revealed that he think the highest cost that is imposed by tariff will enforce the china in order to make favorable deal with the United States meanwhile the foreign ministry of the China was thinking that these are extravagant expectations of the United States (Us china Org, 2019). After a few days the administrations of the Trump has ban the companies of the United States for using the foreign-made equipments of the telecommunications by which the national security can be threaten. Thus, a step was taken to target the Huawei. It has been announced by the Commerce Department of the U.S for Huawei to its foreign entity blacklist (Usip Org, 2019).              

Trade tension among China and US

It has been said by the top IMF officials for the global economy, two largest economies of the world are the significant source of risk along with the effects of the real spillover for emerging markets. It has been revealed by the Tobias Adrian, who is the directors of the capital and monetary markets that is also the departments of the international monetary funds. Over the past two years there is a significant impact of the tit-for-tat trade war among the Beijing and Washington on the financial markets (Mourdoukoutas, 2019)

It has been reported in the BBC news by Mr. Kohn that there is adverse affect of the trade war on the global growth. It can be seen everywhere, particularly in the US but it also includes the several other places as well. The doubt is related how this plan is implemented to accesses the adverse affects that occurs due to the spending on the business capital. The off decisions are putted by the business and even they did not have idea about the reconfiguration of the supply chains. Even they don’t know the cost of the inputs the price that will get from the outputs. Thus it has an adverse affects on the global economy  (Bbc News, 2019).   

Recommendations of China and US relations

It has been recommended that policy makers around the globe must take actions in order to continue to work together for resolving such kinds of the trade tensions which are the significant source of the uncertainty as well as the significant source for the creations of the downturn risks.

Conclusion of China and US relations

It has been concluded that US and china are the world’s largest economies and the relations among both of these countries are not good now days due to the various practices of the governments of the both countries.  The relations among China and US has affected badly from March 2019 after the decisions of the Trumps for banning the foreign made products in US.