Domestic Economy

US-China Trade Conflict’s Likely Aftermath for Iran

US-China Trade Conflict’s Likely Aftermath for IranUS-China Trade Conflict’s Likely Aftermath for Iran

Will the US-China trade war grow to affect Iran’s economy? Experts present two diverse perspectives on this escalating tension and its impact on Iran’s economy. One group believes that because of Iran’s small economic role in global trade, the country is highly unlikely to be seriously affected by the fallout of trade war whereas another group cites its strong ties with China to express concerns about the seemingly unending conflict’s negative consequences for Iran. 
US President Donald Trump’s administration has been pressuring China for more than two years now to make a trade deal that would strengthen its protections for American intellectual property and result in large purchases of American products, according to New York Times. 
However, the two sides continue to have significant disagreements, including which of Trump’s tariffs should be rolled back and what kind of legal changes China must make to treat American companies more fairly.


Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment