THE REAL AMERICAN TARGET

Donald Trump has imposed tariffs worth $ 200 billion on China imports. About half of Chinese imports to the US have an additional 10% duty, while China has, so far, retaliated with tariffs on US goods worth $ 110 billion. The International Monetary Fund has cut its global economic growth forecast for 2018 and 2019 to 3.7% based on US- China trade war’s impact on emerging markets. To remove barriers for foreign companies competing with China’s domestic market. To check the Chinese technological advancement through “Made in China 2025. ‘ Made in China 2025’ is an ambitious state led industrial policy initiative launched in 2015, which seeks to gain dominance in global high tech manufacturing. The aim is to reduce its dependence on foreign technology, promote domestic manufacturers and play a major role in global trade. It has identified about ten areas such as next generation IT and telecommunications, advanced robotics, artificial intelligence, aerospace engineering and electric cars among others. The US view these move as a long- term threat to both its trade and security interest. To disrupt the progress of the Belt and Road Initiative ( BRI) execution. The BR) is an ambitious effort to improve regional cooperation and connectivity on a trans- continental scale. The initiative aims to strengthen infrastructure, trade, and investment links between China and some 65 other countries that account collectively for over 30 per cent of global GDP, 62 per cent of population, and 75 per cent of known energy reserves.