The influence of trade war on the international economic system and its adjustment measures

Haoning Zhang

doi:10.62051/ijgem.v2n1.34

Authors

Haoning Zhang

DOI:

https://doi.org/10.62051/ijgem.v2n1.34

Keywords:

Trade war, Influence, Adjustment measures, International cooperation, International economic system

Abstract

This paper discusses the influence of trade war on the international economic system and the corresponding adjustment measures. First of all, the trade war has had a negative impact on global economic growth, investment flows, international trade patterns and financial market fluctuations. Secondly, the trade war has caused international investment problems, which has led to the adjustment of the supply chain of multinational companies and the increase of investment uncertainty. Then, the financial market fluctuated and the currency, stock and bond markets were disturbed. Finally, by strengthening international cooperation, promoting trade multilateralism, lowering trade barriers and paying attention to sustainable development, we can meet the challenges brought by trade wars and look forward to establishing a more stable and sustainable international economic system in the future.

Downloads

Download data is not yet available.

References

Feng yaru. study on trump administration's economic policy toward China [D]. Jilin university, 2021.

Nie Shikun. A Study on the Impact of Sino-US Trade Friction on China's Foreign Direct Investment [D]. Liaoning University, 2021.

Gao Debu. From the Cold War to the Commercial War: a trend of international economic development [J]. Teaching and Research, 1995,(04):52-56.

Qiu Huifang. Office of the Trade Representative, the key hub of American foreign economic policy [J]. World Knowledge, 2023,(22):67-69.

Mao Wenli, Yan Junxin, Sun Jianming. Does the trade war promote the backflow of American manufacturing?-An empirical study based on double-difference analysis [J]. Northern Economics and Trade, 2023,(09):20-25+29.