Author(s)

Jianxia Liu

Corresponding Author

Jianxia Liu

Abstract

In light of the new situation of Sino-US trade war; this article reviews the most progressive research of Chinese scholars on Sino-US trade war since 2018-2019. Through combing the pertinent research, from the perspective of economics, the author did an in-depth analysis of Sino-US trade war including the reason and nature. Based on the fact that the United States initiated this trade war, this article has combed the external and internal reasons for the Sino-US trade war. Judging from the results of the review, reversing trade imbalances, marginalizing the global value chain of China, and curbing the development of Chinese strategic emerging industries and high-tech industries are the external reasons for the United States to initiate a trade war, while transferring the contradictions intensified by the imbalance in the distribution of internal interests is the internal reason .Then I discussed the nature of the Sino-US trade war, finding that as a turning point in the Sino-US strategic relationship, the Sino-US trade war is essentially a manifestation of American hegemonies, a disruption of the global economic order, and a capital logic that seeks unlimited value addition.

Keywords

Sino-US Trade War; Causes; Essence; Review