Perang Dagang Amerika Serikat dan Tiongkok di Masa Pandemik COVID-19

2021 ◽  
Vol 3 (1) ◽  
pp. 32
Author(s):  
Fuad Azmi
Keyword(s):  
United States ◽  
Global Economy ◽  
Secondary Data ◽  
Analytical Framework ◽  
The United States ◽  
Great Power ◽  
Main Challenge ◽  
Trade War ◽  
Zero Sum ◽  
National Economies

        The presence of COVID-19 at the beginning of 2020 caused instability in the global economy. This impact was also felt by the United States and China, which were involved as actors in the trade war. New dynamics have emerged amid the COVID-19 pandemic which directly impacts the national economies of the two countries. This paper aims to analyze the efforts of the United States and China in maintaining the economic strength of the two countries through the opportunities and challenges that arise amid the pandemic as a great power country. The discussion is presented through the analytical framework of the concept of struggle of power and zero-sum game in the theory of mercantilism in the study of global political economy. In its preparation, this paper uses qualitative research methods based on descriptive case studies using secondary data collection techniques through literature studies. The results of the study conducted showed that the United States and China have significantly different methods and priority scales in dealing with COVID-19, but have fundamental similarities in the concept of restructuring the country's economy. America's main challenge is still dealing with the country's internal problems, while China's challenge lies in rebuilding its trust and credibility in the eyes of the world. On the other hand, the vulnerability of the global economy in various countries can be an opportunity for great power countries to expand their influence and gain power in the international state system. Where parties who have more influence in the global economy have a higher chance of winning the trade war.Keywords: COVID-19, Trade War, economics, Opportunities, and Challenges 

scholarly journals The United States-China Trade War: Empirical Assessment

2020 ◽  
pp. 35-45
Author(s):  
Victor Adjarho Ovuakporaye
Keyword(s):  
United States ◽  
Global Economy ◽  
The United States ◽  
International Economy ◽  
Trade Relation ◽  
Empirical Assessment ◽  
China Trade ◽  
The Us ◽  
Trade War ◽  
The Impact

This paper aims to explore the US-China trade war by looking at various issues surrounding the US-China trade relation. The US-China trade war had been imminent since January 2018, meritoriously commenced on 6 July 2018, which is still ongoing. The US imposed sanctions on various Chinese goods, which was counter by the Chinese side also. Both side have felt the effect of the trade war though China felt the impact more than United States. Though, both nations have recently held positive trade talks which leads to the first phase of negotiation the trade war is still ongoing. If the partnership between the United states and China collapses, this will also end up harming the global economy severely since they are crucial cornerstones of the international economy.

Economic Impacts of the US–China Trade War on the Asian Economy: An Applied Analysis of IDE-GSM

2021 ◽  
pp. 263168462110322
Author(s):  
Satoru Kumagai ◽  
Toshitaka Gokan ◽  
Kenmei Tsubota ◽  
Ikumo Isono ◽  
Kazunobu Hayakawa
Keyword(s):  
United States ◽  
Global Economy ◽  
Negative Impact ◽  
Economic Impacts ◽  
The United States ◽  
China Trade ◽  
Computational General Equilibrium ◽  
The Us ◽  
Trade War ◽  
Asian Economy

In this article, we attempt to estimate the economic impacts of the US–China trade war that began in 2018. We used IDE-GSM, a computational general equilibrium simulation model, to estimate the economic impacts of a ‘full-confrontation’ scenario wherein both countries impose 25% additional tariffs on all goods imported from each other for 3 years 2019 onwards. In our calculation, the economic impact for the United States is −0.4% and −0.5% for China. Some Asian countries benefit from the trade war. As far as it remains bilateral, the trade war is only an issue for the concerned parties. We also ran the US–world trade war scenario, wherein the United States and all other countries impose a 25% additional tariff on all goods. The negative impact on the global economy is –0.8%, much more significant than the 0.1% impact from the US–China trade war. Thus, it is clear that the world cannot afford to engage in a multilateral trade war. JEL Codes: C68, F13

scholarly journals REAKSI PASAR MODAL INDONESIA TERHADAP PERISTIWA PERANG DAGANG AMERIKA SERIKAT DAN CHINA

2021 ◽  
Vol 5 (1) ◽  
pp. 50-59
Author(s):  
Yani Rahmawati ◽  
Hendra Gunawan
Keyword(s):  
United States ◽  
Capital Market ◽  
Stock Price ◽  
Abnormal Returns ◽  
Secondary Data ◽  
The United States ◽  
Wilcoxon Test ◽  
Stock Index ◽  
Significant Difference ◽  
Trade War

This research is an event study which aims to analyze the reaction of the Indonesian capital market, especially on LQ45 shares before and after political events that occur abroad. The event that became the object of observation was the trade war that occurred between the United States and China by using 12 events related to trade wars starting from 2014 to 2019, using the abnormal return indicator. The sample in this study are companies that are in the LQ45 stock index. The data used is secondary data in the form of the company's daily closing price and the Composite Stock Price Index (CSPI). The statistical test used to test the research hypothesis is the paired t-test which was tested on 11 events, and there was 1 event using the Wilcoxon test. The results showed that the trade war between the United States and China did not result in a significant difference in abnormal returns on LQ45 stocks with the observed period. So it can be said that the Indonesian capital market did not react to the 12 events of the trade war between the United States and China.

scholarly journals US-China Economic Confrontation: Ideology, Chronology, Meaning

2019 ◽  
Vol 19 (1) ◽  
pp. 35-46 ◽  
Author(s):  
Andrei Olegovich Vinogradov ◽  
Alexander Igorevich Salitsky ◽  
Nelli Kimovna Semenova
Keyword(s):  
United States ◽  
International Trade ◽  
Global Economy ◽  
The United States ◽  
Economic Competition ◽  
Economic Relations ◽  
The World ◽  
History Of ◽  
World Economic ◽  
Trade War

In summer 2018 the United States launched a trade war against China. Before that, there was a chance that both sides would find a compromise, some hopes were still in place during bilaterial negotiations in May. However, new US tariffs on import from China were imposed in July and August with the total of $50 billion. Beijing responded proportionally. September brought another round of US tariffs worth $200 billion. The successful economic growth of China leads to the transformation of the world economic space, where the leading positions are still occupied by the countries of the West. The new US administration, fearing economic competition, announced a policy of containing China. In this case, Washington is going to violate the existing rules of international trade. The tension in the economic relations of the United States and China is growing. The authors look into the history, ideology and details of the conflict between two major powerhouses of the global economy. They try to investigate how both countries will be affected by the emerging trade war, which is also challenging the whole system of international trade regulation. Besides, the conflict between Washington and Beijing is understood as a fundamental shift in the world economy and politics where rising powers take the lead in globalization. For the first time in the history of Sino-American relations economic tensions between the two sides have reached such a scale. Analysis of their consequences far exceeds the standard methods of assessment of trade policy measures.

scholarly journals U.S.-China trade war and its impact on the world economy

2020 ◽  
pp. 19-36
Author(s):  
Byambakhand Luguusharav ◽  
Bolormaa Budjav
Keyword(s):  
United States ◽  
Global Economy ◽  
World Economy ◽  
Presidential Elections ◽  
Trade Agreement ◽  
The United States ◽  
China Trade ◽  
The Us ◽  
The World ◽  
Trade War

Republican candidate Donald J. Trump, who ran in the 2016 US presidential elections with a slogan “Make America Great Again” defined his foreign policy as “America First”. He set out to balance the long-running deficit of the United States, which led to the US-China trade war. The war not only affected the economies of Washington and Beijing but also it had a devastating effect on the world economy. The first part of the article discusses the concept of a trade war, while the second part analyzes the origins, causes, and course of the trade war between the United States and China, and the trade agreement between the two countries that have temporarily stopped the trade war. At the end of the article, the positive and negative implications of the US-China trade war on the economies of both countries and the global economy will be reviewed. АНУ-БНХАУ-ын худалдааны дайн, дэлхийн эдийн засагт үзүүлсэн нөлөө Хураангуй: АНУ-ын Ерөнхийлөгчийн 2016 оны сонгуульд “Америкийг дахин агуу болгоё” гэсэн мөрийн хөтөлбөртэй оролцсон Д.Трамп ялалт байгуулж, өөрийн гадаад бодлогыг “Америкийг эн тэргүүнд тавих” хэмээн тодорхойлсон юм. Улмаар тэрээр олон жилийн туршид асар их алдагдалтай явж ирсэн Америкийн гадаад худалдааны балансыг тэнцвэржүүлэх зорилт дэвшүүлсэн нь АНУ- БНХАУ-ын худалдааны дайн гарахад нөлөөлсөн. Энэ дайн нь Вашингтон, Бээжингийн эдийн засагт нөлөөлөөд зогсохгүй дэлхийн эдийн засгийг доргилтонд оруулаад байна. Толилуулан буй өгүүллийн эхний хэсэгт худалдааны дайны тухай ойлголтыг авч үзэх бол хоёрдугаар хэсэгт АНУ-БНХАУ-ын хооронд өрнөсөн худалдааны дайны үүсэл, шалтгаан, өрнөл, энэ дайныг түр зогсоогоод байгаа хоёр улсын худалдааны хэлэлцээрт дүн шинжилгээ хийнэ. Өгүүллийн төгсгөлд, АНУ-БНХАУ-ын худалдааны дайн нь хоёр улсын эдийн засагт төдийгүй дэлхийн эдийн засагт үзүүлсэн эерэг, сөрөг нөлөөлийн талаар дүн шинжилгээ хийсэн болно. Түлхүүр үгс: АНУ, БНХАУ, худалдааны дайн, дэлхийн эдийн засаг, тариф

scholarly journals USA and China in Latin America: Contours of Competition

2019 ◽  
Vol 19 (1) ◽  
pp. 47-58 ◽  
Author(s):  
Petr Pavlovich Yakovlev
Keyword(s):  
United States ◽  
Foreign Policy ◽  
Latin America ◽  
Latin American ◽  
Global Economy ◽  
The United States ◽  
Total Trade ◽  
Main Challenge ◽  
Trade Wars ◽  
Latin American Countries

In the last decade Latin America in trade, economic and financial terms turns out to be increasingly “sandwiched” between the United States and China, which accounted for more than half of the total trade of Latin American countries, and also a crucial part of entering the region investment and credit resources. This circumstance has the strongest impact on the structure and orientation of foreign economic relations and foreign policy contacts. In the foreseeable future one of the complexities of foreign policy of the Latin American countries will be delaying action between the United States and China, are becoming involved in hybrid war for dominance in the global economy and trade. In Latin American capitals the USA-Chinese rivalry at the global level are watched with suspicion and fear. It is connected not only with the current situation, but with the dynamics of relations between Washington and Beijing, the intensification of contradictions at the global and regional levels. Latin Americans believe that initiation of trade wars and other kinds of American-Chinese confrontation could harm the development of the world economy and harm the crucial interests of the region, which is critically dependent on international goods and financial markets. The main challenge is the diversification of international relations of the Latin American States, the broadening of their economic and political partners. Only in this way can be weakened the hyper dependence of Latin America from Washington and Beijing, and reversed the negative effects of the ongoing protectionist policies and trade wars initiated by the administration of Donald Trump.

Russian Federation and the United States of America: geostrategic directions to manage the Ukrainian crisis

2019 ◽  
pp. 123
Author(s):  
Attarid Awadh Abdulhameed
Keyword(s):  
United States ◽  
European Union ◽  
National Security ◽  
Russian Federation ◽  
United States Of America ◽  
The United States ◽  
The European Union ◽  
The Usa ◽  
Ukrainian Crisis ◽  
Zero Sum

Ukrainia Remains of huge importance to Russian Strategy because of its Strategic importance. For being a privileged Postion in new Eurasia, without its existence there would be no logical resons for eastward Expansion by European Powers.  As well as in Connection with the progress of Ukrainian is no less important for the USA (VSD, NDI, CIA, or pentagon) and the European Union with all organs, and this is announced by John Kerry. There has always ben Russian Fear and Fear of any move by NATO or USA in the area that it poses a threat to  Russians national Security and its independent role and in funence  on its forces especially the Navy Forces. There for, the Crisis manyement was not Zero sum game, there are gains and offset losses, but Russia does not accept this and want a Zero Sun game because the USA. And European exteance is a Foot hold in Regin Which Russian sees as a threat to its national security and want to monopolize control in the strategic Qirim.

Ocena antykryzysowej polityki gospodarczej Stanów Zjednoczonych i wybranych państw członkowskich Unii Europejskiej w latach 2005–2014

2016 ◽  
pp. 26-46
Author(s):  
Marcin Jan Flotyński
Keyword(s):  
United States ◽  
European Union ◽  
Financial Markets ◽  
Global Economy ◽  
Global Financial Crisis ◽  
The United States ◽  
The European Union ◽  
High Volatility ◽  
The Global Financial Crisis ◽  
Domestic Products

The global financial crisis in 2007–2009 began a period of high volatility on the financial markets. Specifically, it caused an increased amplitude of fluctuations of the level of gross domestic products, the level of investment and consumption and exchange rates in particular countries. To address the adverse market circumstances, governments and central banks took actions in order to bolster the weakening global economy. The aim of this article is to present the anti-crisis actions in the United States and selected member states of the European Union, including Poland, and an assessment of their efficiency. The analysis conducted indicates that generally the actions taken in the United States in response to the crisis were faster and more adequate to the existing circumstances than in the European Union.

The Struggle for Recognition in International Relations

2018 ◽  
Author(s):  
Michelle Murray
Keyword(s):  
United States ◽  
International Relations ◽  
The United States ◽  
Great Power ◽  
Power Transition ◽  
Rising Powers ◽  
Peaceful Rise ◽  
Rising Power ◽  
Struggle For Recognition ◽  
Power Transitions

How can established powers manage the peaceful rise of new great powers? With The Struggle for Recognition in International Relations, the author offers a new answer to this perennial question in international relations, arguing that power transitions are principally social phenomena whereby rising powers struggle to obtain recognition of their identity as a great power. At the center of great power identity formation is the acquisition of particular symbolic capabilities—such as battlesheips, aircraft carriers, or nuclear weapons—that are representative of great power status and that allow rising powers to experience their uncertain social status as a brute fact. When a rising power is recognized, this power acquisition is considered legitimate and its status in the international order secured, leading to a peaceful power transition. If a rising power is misrecognized, its assertive foreign policy is perceived to be for revisionist purposes, which must be contained by the established powers. Revisionism—rather than the product of a material power structure that encourages aggression or domestic political struggles—is a social construct that emerges through a rising power’s social interactions with the established powers as it attempts to gain recognition of its identity. The question of peaceful power transition has taken on increased salience in recent years with the emergence of China as an economic and military rival of the United States. Highlighting the social dynamics of power transitions, this book offers a powerful new framework through which to understand the rise of China and how the United States can facilitate its peaceful rise.

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