TRADE WAR TRUCE: A GAME WON OR LOST

The US and China have an opportunity to unite and fight this pandemic, but alas! Literature shows that since 1949, the US– China relations have evolved from tense standoffs to complex mix of intensifying diplomacy, growing international rivalry and increasingly intertwined economies (Council on Foreign Relations, 2018). the backdrop of the US-China feud, here, we look at the trade relations between US and China and highlight a possible deterrent tool in the form of a monetary penalty as a recommendation …

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