https://doi.org/10.18778/1641-4233.23.11">
  •  
  •  
 

International Studies: Interdisciplinary Cultural and Political Journal

Abstract

The main aim of this text is to present economic relations between China and the US today. The election of Donald Trump in 2016, significantly redefined American trade policy toward China. Despite the first months of his presidency, which promised an efficient, long-term cooperation between Beijing and Washington, incumbent president decided to implement severe restriction on the trade with China at the beginning of 2018. However, the announced imposition of tariffs on almost all goods coming from this country could interfere with the growth of the single states and the economy of the whole country in the future. Therefore the text is aimed to investigate the ependency of selected states on the inflows of Chinese investments since 2010. Finally, it is necessary to examine the phenomenon of the trade war, which has begun in July 2018, and assess its impact on the growth of both countries.

Keywords

Trade War, China, USA, Trump, Florida, Louisiana, Kentucky, Foreign Policy, Global Economy

References

4 reasons why Florida is the next big thing for Chinese buyers. “Juwai”, 22 February 2017, https://list.juwai.com/news/2017/02/4-reasons-why-florida-is-the-next-big-thing-for-chinese-buyers

Blyth, M. Global Trumpism. “Foreign Affairs”. Web. 15 Nov. 2016, https://www.foreignaffairs.com/articles/2016–11–15/global-trumpism

Bouoiyour, J., Selmi, R. Political elections and uncertainty – Are BRICS market equally exposed to Trump’s agenda? “Journal of Economic Integration”, no. 33(2), 1203~1233, (Jun. 2018), p. 22.

Brelsdorf, R. Yuhuang Chemical lets a contract for Louisiana methanol complex. “Oil&Gas Journal”. Web. 2 Jun. 2017, http://www.ogj.com/articles/2017/02/yuhuang-chemical-lets-contract-for-louisiana-methanol-complex.html

Bulloch, D. A Progress Report of China’s Third Plenum Reform. “CKGSB Knowledge”. Web. 15 March 2016, http://knowledge.ckgsb.edu.cn/2016/03/15/chinese-economy/a-progress-report-of-chinas-third-plenum-reforms

Bulloch, D. On Liberal Reform, China Is At a Crossroad. “Forbes“. Web. 23 June 2017, https://www.forbes.com/sites/douglasbulloch/2017/06/23/if-china-turns-its-back-on-liberal-reforms-what-does-the-future-hold/#4ea83a741211

Chan, B. A US-China trade war would benefit no one, least of all Americans. “South China Morning Post”. Web. 12 October 2017, http://www.scmp.com/comment/insight-opinion/article/2114860/us-china-trade-war-would-benefit-no-one-least-all-americans

Charting China’s Economy: 10 Years Under Hu. “Wall Street Journal”, 16 November 2012, https://blogs.wsj.com/chinarealtime/2012/11/16/charting-chinas-economy-10-years-under-hu-jintao/

Chipman Koty, A., Qian, Z. China’s New FTZ Negative List Removes Restrictions on Foreign Investment. “China-Briefing”. Web. 28 June 2017, http://www.china-briefing.com/news/2017/06/28/china-removes-27-restrictions-on-foreign-investment-in-new-ftz-negative-list.html

Cohen, E.A. Trump’s Lucky Year. “Foreign Affairs”. Web. 20 January 2018, https://www.foreignaffairs.com/articles/2018–01–20/trumps-lucky-year?cid=nlc-emc-fa_paywall_free_eliotcohen_ma2018_subscribers-20180120

Daojiong, Z. New Dynamics in Asia Pacific Regional Trade Policies: A View from China, [in:] The Trump Era And Trade Architecture In The Asia Pacific, eds. Chia-yi Lee, Su-Hyun’a Lee. Singapore: Nanyang Technological University, 2017, pp. 12–13.

deLisle, J. Red State China? Why China (Sort of) Likes Trump. “Foreign Policy Research Institute”. Web. 29 June 2016, https://www.fpri.org/article/2016/07/red-state-china-china-sort-likes-trump/

Diamond, J. Trump ‘can’t continue to allow Chine to rape our country. “CNN Politics”. Web. 2 May 2016, http://edition.cnn.com/2016/05/01/politics/donald-trump-china-rape/index.html

Donald Trump imposes first tariffs on China and threatens to target almost all $500 billion Chinese import. “The Telegraph Business”, 6 July 2018, https://www.telegraph.co.uk/business/2018/07/06/donald-trump-imposes-first-tariffs-china-threatens-target-almost/

Donnan, S., Hornby, L. China hits back at ‘trade bullying’ Trump. “Financial Times”. Web. 6 July 2018, https://www.ft.com/content/5c5b66a8–80a6–11e8-bc55–50daf11b720d

Dotson Jr. A.E. Enterprise Florida Opens Business Development Offices in China. “Bilizin Sumberg’s New Miami Blog”. Web. 3 April 2014, https://www.newmiamiblog.com/2014/04/03/enterprise-florida-opening-business-development-offices-in-china/

Durbin, D-A. Ford Focus: Made in China. “US News”. Web. 20 June 2017, https://www.usnews.com/news/business/articles/2017–06–20/ford-to-import-focus-small-car-from-china-in-2019

Economy at a Glance. Bureau of Labor Statistics, 12 January 2018, https://www.bls.gov/eag/eag.fl.htm

Fernholz, T. If US trade with China is so unfair, why is GM the best-selling car there? “Quartz”. Web. 3 April 2017, https://qz.com/938648/if-us-trade-with-china-is-so-unfair-why-is-gm-the-best-selling-car-there/

Finley, M. Appliance maker to establish an R&D center in Louisville. “Louisville Business First”. Web. 26 March 2015, https://www.bizjournals.com/louisville/news/2015/03/26/appliance-maker-to-establish-r-d-center-in.html

Florida Household Income. Department of Numbers, September 2018, http://www.deptofnumbers.com/income/florida/

Florida Population 2018. World Population Review, 19 January 2018, http://worldpopulationreview.com/states/florida-population/

Foreign direct investment, net inflows (BoP, current US$). The World Bank 2016, https://data.worldbank.org/indicator/BX.KLT.DINV.CD.WD?end=2016&locations=CN&start=2011

Galbraith, A., Patton, D. US-China trade talks sputtering at the 100-day deadline. “Reuters”. Web. 16 June 2017, https://www.reuters.com/article/us-usa-china-trade/u-s-china-trade-talks-sputtering-at-100-day-deadline-idUSKBN1A109V

GDP Growth (annual %). The World Bank 2016, https://data.worldbank.org/indicator/NY.GDP.MKTP.KD.ZG?end=2016&locations=CN&start=2011

Gillespie, P. US trade deficit with China and Mexico is growing. “CNN Money”. Web. 5 December 2017, http://money.cnn.com/2017/12/05/news/economy/us-trade-deficit/index.html

Goh, B., Wong, S-L. China’s Xi says Belt and Road need to reject protectionism. “Reuters”. Web. Governor Jindal And Shandong Yuhuang Chemical Chairman Jinshu Wang Highlight Groundbreaking For $1.85 Billion Methanol Project in Louisiana. Louisiana Economic Development, 18 September 2015, https://www.opportunitylouisiana.com/led-news/news-releases/news/2015/09/18/governor-Jindal-and-shandong-yuhuang-chemical-chairman-jinshu-wang-highlight-groundbreaking-for-$1.85-billion-methanol-project-in-louisiana

Graceffo, A. China-US Trade the 100 Day Plan, So Far (June 2017). “Foreign Policy Journal”. Web. 27 July 2017, https://www.foreignpolicyjournal.com/2017/07/27/china-us-trade-the-100-day-plan-so-far-june-2017/

Haas, B., Jacobs, B., Helmore, E. US imposes sanctions on China, stoking fears of trade war. “The Guardian”. Web. 22 March 2018, https://www.theguardian.com/world/2018/mar/22/china-us-sanctions-trade-war

Heatley, J. After 100 Days And Much Hype, US-China Talks Fall Flat. “Forbes”. Web. 21 July 2017, https://www.forbes.com/sites/insideasia/2017/07/21/after-100-days-and-much-hype-u-s-china-talks-fall-flat/#2d8be5a20107

Heatley, J. What’s in the US-China 100 Day Action Plan? “The Diplomat”. Web. 17 May 2017, https://thediplomat.com/2017/05/whats-in-the-us-china-100-day-action-plan/

Holmes, F. No Trade War Between the US and China… Yet. “Advisor Perspectives”. Web. 12 April 2017, p. 2.

Hsu, S. Rising US Protectionism May Hurt China’s Economy And Begin A Trade War. “Forbes”. Web. 12 September 2017, https://www.forbes.com/sites/sarahsu/2017/09/12/rising-u-s-protectionism-may-hurt-chinas-economy-and-begin-a-trade-war/#20ad8181a326

Huang, C. Party’s third plenum pledges’ decisive role’ for markets in China’s economy. “South China Morning Post”. Web. 13 Nov. 2013, http://www.scmp.com/news/china/article/1354411/chinas-leadership-approves-key-reform-package-close-third-plenum

Iyengar, R. US-China trade battle: How we got here. “CNN Money”. Web. 4 April 2018, https://money.cnn.com/2018/04/04/news/economy/trump-china-us-tariffs-trade-timeline/index.html

Jakóbowski, J. Dług, giełda i przedsiębiorstwa państwowe. Źródła chaosu na chińskich rynkach finansowych. Ośrodek Studiów Wschodnich. Web. 17 March 2016, https://www.osw.waw.pl/pl/publikacje/komentarze-osw/2016–03–17/dlug-gielda-i-przedsiebiorstwa-panstwowe-zrodla-chaosu-na

Kallergis, K. Chinese investors pick up another South Florida property. “The Real Deal”. Web. 19 June 2017, https://therealdeal.com/miami/2017/06/19/chinese-investor-picks-up-another-south-florida-property/

Kentucky Education Data. Town Charts 2017, http://www.towncharts.com/Kentucky/Kentucky-state-Education-data.html

Kentucky Population 2017. World Population Review. Web. 17 Dec. 2017, http://worldpopulationreview.com/states/kentucky-population/

Leering, R., Carnell, R. Trump and Trade… Threats or all-out trade war? “ING” (January 2017), pp. 13–23.

Liu, G. Chinese Chemical Firm Invests $1 Billion in Louisiana Plant. “Asia Matters for America”. Web. 12 May 2017, http://www.asiamattersforamerica.org/china/chinese-chemic-al-firm-invests-1-billion-in-louisiana-plant

Louisiana Population 2017. World Population Review. Web. 12 Dec. 2017, http://worldpopulationreview.com/states/louisiana-population/

Mann, D.A. GE confirms $5.4 billion deal on appliance unit. “Louisville Business First”. Web. 15 Jan. 2016, https://www.bizjournals.com/louisville/news/2016/01/15/ge-haier-confirm-5–4-billion-deal-on-apppliance.html

Mann, D.A. How many Chinese companies operate in Kentucky? “Louisville Business First”. Web. 15 Jan. 2016, https://www.bizjournals.com/louisville/news/2016/01/15/how-many-chinese-companies-operate-in-kentucky.html

Moni, B. China’s Xi Jinping keeps Iowa close to his heart. CNN. Web. 8 Dec. 2016, http://edition.cnn.com/2016/12/07/asia/china-iowa-xi-jinping-branstad-trump/index.html

Morrison, W.M. China-US Trade Issues. “Congressional Research Service”. Web. 26 Aug. 2017, pp. 10–30.

Nakamura, D., Rauhala, E. US and China end summit with 100-day plan to boost trade and cooperation. “The Washington Post”. Web. 7 August 2017, https://www.washingtonpost.com/politics/us-and-china-end-summit-with-100-day-plan-to-boost-trade-and-cooperation/2017/04/07/5d3d923c-1bc9–11e7–855e-4824bbb5d748_story.html?utm_term=.bd5c46a63869

New Mexico Population 2017. World Population Review. Web. 7 Dec. 2017, http://worldpopulationreview.com/states/new-mexico-population/

The new nationalism. “The Economist”. Web. 19 Nov. 2016, https://www.economist.com/news/leaders/21710249-his-call-put-america-first-donald-trump-latest-recruit-dangerous

Odland, S., Cramer-Flood, E. A trade war with China would crush multinationals like Apple and Walmart. “CNBC”. Web. 7 November 2017, https://www.cnbc.com/2017/11/07/trump-must-avoid-sparking-a-trade-war-with-China-commentary.html

Ottley, J. Miami real estate likely to be increasingly attractive to buyers from China. “Miami Herald”. Web. 31 October 2016, http://www.miamiherald.com/real-estate/article111292117.html

Setter, M.Y. 10 poorest states in America in 2016. “Benefits Pro”. Web. 3 October 2016, http://www.benefitspro.com/2016/10/03/10-poorest-states-in-america-in-2016

Shane, D. China fires back, announcing tariffs on US planes, cars and soybeans. “CNN Money”. Web. 4 April 2018, https://money.cnn.com/2018/04/04/news/economy/china-tariffs-us-goods-soybeans/?iid=EL

Shen, J. What is China’s Trump Card in a trade war? “Mizuho Securities Asia Ltd”, 15 February 2017, pp. 22–30.

Shen, J., Luk, M. What has China learned from the Japan-US trade war? “Mizuho Securities Asia Ltd”, 12 June 2017, pp. 2–4.

Shira, D. Investing in China’s Free Trade Zone. “China-Briefing”. Web. 21 September 2017, http://www.china-briefing.com/news/2017/09/21/investing-in-chinas-free-trade-zones.html

Sloan, S. Kentucky’s first major Chinese investment to be Lexington factory. “Lexington Herald-Leader”. Web. 19 Sept. 2012, http://www.kentucky.com/news/business/article44377587.html

State Export Report, 2016, US-China Business Council, June 2017, pp. 2–3.

State Imports for Florida. US Census Bureau, 2 Oct. 2017, https://www.census.gov/foreign-trade/statistics/state/data/imports/fl.html

Stinson, J. Xi Jinping Heads to Florida as Chinese Investment Booms. “PoliZette”. Web. 6 April 2017, https://www.lifezette.com/polizette/xi-jinping-heads-to-florida-as-chinese-investment-booms/

Swaine, M.D. Chinese Views on the Trump Administration’s Asia Policy. “China Leadership Monitor”, no. 53 (2017).

Tiezzi, S. Why China Dreads a Hillary Clinton Presidency. “The Diplomat”. Web. 10 Feb. 2016, https://thediplomat.com/2016/02/why-china-dreads-a-hillary-clinton-presidency

Turner, O. The United States and China: Raptures and Realignments in Trump’s First Six Months. “Swedish Institute of International Affairs” (April 2017), no. 9, p. 3.

Tyler, P.E. Hillary Clinton, In China, Details Abuse of Women. “The New York Times”. Web. 6 September 1995, http://www.nytimes.com/1995/09/06/world/hillary-Clinton-in-china-details-abuse-of-women.html

Umehara, N. The Election of Donald Trump to the next President and the Response of China. In uncertainties after the unusual presidential election. “Institute for International Monetary Affairs”, no. 72 (2016), pp. 1–5.

Walton, J., Lowther, E., Stylianou, N., Mpini, R., Ashton, C., Ewer, L., Reed, J., Huynh, L., Qureshi, S. US election 2016: Trump victory in maps. “BBC”. Web. 17 February 2017, http://www.bbc.com/news/election-us-2016–37889032

Wang, S. Apex Changes From Foe to Suitor With $3.6 Billion Lexmark Deal. “Bloomberg”. Web. 20 April 2016, https://www.bloomberg.com/news/articles/2016–04–20/apex-changes-from-foe-to-suitor-with-3–6-billion-lexmark-deal

Whittel, G. Obamacare i pivot na Pacyfik, czyli 8 lat rządów Baracka Obamy w USA [Podsumowanie]. “Polska Times”. Web. 14 Nov. 2016, http://www.polskatimes.pl/fakty/swiat/a/obamacare-i-pivot-na-pacyfik-czyli-8-lat-rzadow-baracka-obamy-w-usa-podsumowanie,11446469/

Wyne, A. The Security Risks of a Trade War With China. “The Foreign Affairs”. Web. 6 Aug. 2018, https://www.foreignaffairs.com/articles/china/2018–08–06/security-risks-trade-war-china

Xiao, H., Yu’an, Z. Louisiana loads up on China trade. “China Daily”. Web. 21 July 2017, http://usa.chinadaily.com.cn/world/2017–07/21/content_30206770.htm

Ye, J. Here are the American companies most at risk in a trade war with China. “South China Morning Post”. Web. 27 July 2017, http://www.scmp.com/business/companies/article/2104231/here-are-american-companies-most-risk-trade-war-china

Yoon, E. Here’s who wins with the new US-China trade deals. “CNBC”. Web. 12 May 2017, https://www.cnbc.com/2017/05/12/heres-who-wins-with-the-new-us-china-trade-deals.html

Zhou, M. Birtley first Chinese Investment in Kentucky. “China Daily”. Web. 20 February 2017, http://usa.chinadaily.com.cn/world/2017–02/20/content_28275723.htm

First Page

161

Last Page

182

Language

eng

Share

COinS