The US Trade War With China: Can There Be a Winner?
Increasingly, one can hear that the 45th President of the United States, Donald Trump, who has made a name for himself for both his extravagance and his decisive action, has a propensity for trampling on all established legal means of international interaction. Under his rule, Washington withdrew from the Iranian nuclear deal (JSPOA) and the Intermediate-Range Nuclear Forces Treaty (INF). He also announced his withdrawal from the Paris Agreement on climate change and the UN Arms Trade Treaty (ATT), and is still considering the need to extend US participation in the agreement on strategic offensive weaponry (New START), which expires in 2021. Moreover, America has begun to raise import tariffs on certain goods from its trade partners, including Mexico, Canada, Japan and the EU, and in general to carry out a policy of protectionism resembling that introduced during the presidency of William McKinley.