The trade war between the world's two biggest trading partners the US and China has now become a major attraction for everyone. After the US election, the Trump administration has taken different economic and administrative policies i.e. trade protectionism, immigration reduction, individual and corporate tax reform etc. As a part of the protectionist policy and saving itself from an egregious trade deficit of US$375 billion (in 2017) with China, U.S has taken a new tariff policy by imposing 25% tariff on US$34 billion worth of Chinese goods on 6 July 2018. The adjudication was taken on the cornerstone that the trade between the US and China is partial and one-legged. Moreover, the US accused China of plundering their tech, Intellectual Property rights (IP), influencing the labor market and major US-companies.
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