![]() What began as a trade war over China’s unfair economic policies has now evolved into a so-called cold war propelled by differing ideologies. U.S.-China bilateral relations took a nosedive in 2018 when then U.S. president Donald Trump’s obsession with trade deficits led him to impose punitive tariffs on China. The tariffs were followed by restrictions on both China’s access to high-tech U.S. products and foreign investments involving security concerns and by allegations of unfair Chinese commercial practices.ĭespite pleas from the U.S. business community to ease tensions, U.S. President Joe Biden so far has amplified his predecessor’s policies by strengthening anti-China alliances and implementing additional sanctions. Stay tuned for more exciting updates, as we continue to refine and innovate to make your online journey smoother and more delightful. ![]() ![]() Biden now characterizes the U.S.-China conflict as “a battle between the utility of democracies in the twenty-first century and autocracies.”īut the logic underpinning the U.S. For our international users, we’ve included translations for Opera 102 (DNA-110892), making Opera Browser more accessible and user-friendly across the globe. trade war was flawed, and the more recent, politically driven restrictions are counterproductive given the damaging long-term economic consequences for both sides. ![]() Nonetheless, there have been few signs to date that Biden is likely to change course. ![]()
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