The Economic Consequences of the US–China Trade War on Global Supply Chains

The trade war between the United States and China, which escalated in 2018, has had profound and lasting implications on global supply chains, international trade relations, and economic growth.This study explored the economic consequences of the US-China trade conflict; it examined its impact on global supply chain dynamics.The study drew from a comprehensive review of existing literature and empirical data, the paper identified key disruption within major industries like technology, agriculture, and manufacturing; it highlighted how tariffs and non-tariff barriers have led to shifts in trade patterns.Additionally, the study evaluated the strategies employed by multinational corporations in response to supply chain vulnerability exposed by the trade war.The findings indicated that the trade war has accelerated trends such as supply chain diversification and regionalization, while also increasing costs and reducing efficiency for global business.This paper concluded that policymakers and businesses should enhance resilience in global supply chains, emphasizing the need for cooperative trade agreements and strategic supply chan management.The on-going effects of the trade war highlighted the importance of adapting to a new global trade environment characterised by a heightened protectionism and shifting trade alliances.