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What are the views on the US - China trade war? What are the views on the US - China trade war?
The trade war is illegitimate The trade war is illegitimate
The trade war is legitimate The trade war is legitimate
The trade war is good for the United States The trade war is good for the United States
The trade war is bad for the United States The trade war is bad for the United States
The trade war is good for China The trade war is good for China
The trade war is bad for China The trade war is bad for China
The trade war is bad for the world The trade war is bad for the world
The trade war is good for the world The trade war is good for the world
The trade war is an inappropriate way to deal with China’s unfair trading practices The trade war is an inappropriate way to deal with China’s unfair trading practices
The trade war secures American interests legitimately The trade war secures American interests legitimately
U.S. businesses will thrive U.S. businesses will thrive
The U.S. will win The U.S. will win
China can cause more damage to the United States China can cause more damage to the United States
The tariffs harm the United States The tariffs harm the United States
China is more likely to win the trade war China is more likely to win the trade war
The trade war is an incentive for market expansion The trade war is an incentive for market expansion
Rising prices damage consumers and the economy Rising prices damage consumers and the economy
Increasing tariffs on Chinese goods harm key exports Increasing tariffs on Chinese goods harm key exports
The trade war undermines global economic institutions The trade war undermines global economic institutions
The trade war causes economic harm to other countries The trade war causes economic harm to other countries
The trade war improves China's economic practices The trade war improves China's economic practices
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What are the views on the US - China trade war?
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The trade war is good for the United States

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U.S. businesses will thrive

The trade war will help U.S. businesses thrive by encouraging innovation and forcing China to stop its unfair trading practices, which will make the U.S. more competitive and bringing jobs back to the United States.
Donald Trump
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The Argument

The trade war will force China to stop its unfair trading practices such as industrial espionage. Chinese businesses involved in partnerships with U.S. businesses have done things such as making new inventions and innovations and distributing them to Chinese businesses so that they can create better products without having to sink time and money into research. This seriously impedes the ability of U.S. businesses to innovate and be profitable, costing jobs and future growth. U.S. manufacturing industries, such as textiles, will also benefit. These industries have faced a significant decline due to Chinese competition. Between 2001-2018, the trade deficit with China cost the United States 3.7 million jobs, three-fourths of which were in manufacturing.[1] Making the U.S. more competitive and bringing jobs back to the U.S. will be very beneficial to the United States. Any short-term harm that results from the trade war will ultimately benefit U.S. businesses in the long run. Shortages and adversity will provide incentives to focus on innovative and developing creative solutions. This will ultimately improve the quality of the businesses.

Counter arguments

The trade war will only force China to stop its unfair trading practices if the U.S. wins. This is unlikely because China can last longer since its economy has more room to maneuver than the United States’ economy and its strong central government can mitigate the damage. Also, the intended result of bringing jobs back to the United States is not happening. Instead, those jobs are moving from China to other countries such as Taiwan, Vietnam, South Korea, Japan, and the European Union.[2]

Proponents

Premises

[P1] The trade war will force China to stop its unfair trading practices which will make the U.S. more competitive. [P2] Jobs will be brought back to the United States. [P3] The impact of the tariffs will encourage innovation. [P4] The results of the trade war will help U.S. businesses thrive.

Rejecting the premises

[Rejecting P1] The trade war will only force China to stop its unfair trading practices if the U.S. wins. [Rejecting P2] The manufacturing jobs are going to other countries instead of back to the United States. [Rejecting P4] The trade war is hurting U.S. businesses and consumers.

References

  1. https://www.epi.org/publication/growing-china-trade-deficits-costs-us-jobs/
  2. https://knowledge.wharton.upenn.edu/article/us-china-trade-deal-looking-beyond-truce/
This page was last edited on Friday, 19 Jun 2020 at 01:58 UTC

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