Author(s)

Zhaojun Lai

Corresponding Author

Zhaojun Lai

ABSTRACT

Since China joined WTO, China has become the largest trade deficit country of the United States. At the same time, in recent years China’s export to the United States have gradually increased, which combined with the continuing economic recession and rising unemployment in US and has led to more and more disputes China and US. Therefore, the trade friction has become the issue of diplomatic relations between two countries. However, we should view Sino-US trade frictions dialectically. Trade frictions has both disadvantages but also positive factors. So we should try our best to minimize the negative effects of trade frictions and exert the positive impact of trade frictions.

KEYWORDS

Sino-US trade war, inflation, reasons, impact, “301”investigation