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The US-China trade war has recently escalated, which has had a significant impact on both countries' economies and on international trade. The essence of the conflict is essentially a dispute for leadership and domination of global economy. The most critical dimension in the US China conflict is the future Chinese initiatives, upon completion of which it hopes to fully rebuild the international economic system to its own interest. China's Belt and Road Initiative (BRI) is a direct threat to US economic interests in Asia, the Middle East, Africa and Europe. It partially works to find an alternative global path to the system of roads linking Europe with East and Japan dominated by USA, while the "Made in China 2025" plan comes as a serious Chinese attempt to build self-technological and scientific capabilities away from US economic power and competing with it. The US-China trade war in the second decade of the 21st century was preceded by a similar conflict between the United States and Japan in the 1980s and 1990s. It is a commercial and technological conflict in which the United States had the upper hand, and China made great benefit from the lessons of such conflict. The US-China trade war began in early 2018, and has gone through many stages, ranging from imposing mutual customs duties and taxes to the stage of trade negotiations between the two countries. After that, the conflict and mutual sanctions resumed after the failure to reach solutions by negotiations. China has put forward some solutions and proposals to settle the dispute, but they were rejected by the United States.
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