US-China trade war is caused by three key factors: To: a) decrease the trade gap; b) restrict Chinese enterprises' access to American technologies ; c) stop the development of China's military power.
<h3>What are the main reasons behind the significant US trade deficits?</h3>
The rapid growth of the American economy, the trade imbalance with China, the dropping American saving rate, and the high-risk coverage of American assets to foreigners are the main sources of trade imbalances.
<h3>Why is trade between the US and China so crucial?</h3>
China is currently the greatest source of imports for the United States, and it also ranks among the top export destinations for American goods and services. There are drawbacks to this trade, despite the fact that it has helped the US economy by bringing down consumer costs and raising business profits.
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