business community to ease tensions, U.S. products and foreign investments involving security concerns and by allegations of unfair Chinese commercial practices.ĭespite pleas from the U.S. The tariffs were followed by restrictions on both China’s access to high-tech U.S. ![]() president Donald Trump’s obsession with trade deficits led him to impose punitive tariffs on China. U.S.-China bilateral relations took a nosedive in 2018 when then U.S. 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.
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