Compare the two government policies and how they affect the economic direction of China’s high-tech industry

Abstract

This research paper compares the impact of trade policies implemented by U.S. Presidents Barack Obama (2012-2016) and Donald Trump (2017-2021) on the economic effect of China’s high-tech industry. This paper would focus on how key policy changes under the two presidents affected the US-China trade relationship, focusing on tariffs and trade agreements. This paper uses quantitative data analysis and qualitative interviews to analyze how these policy changes affect the economic situation of China’s chip industry. During the Obama administration, trade policy was characterized by a focus on global trade agreements. However, during the Trump administration, global trade policy was changed, which challenged the global chip industry. Through this study, the two presidential administrations of the United States have completely opposite attitudes towards China’s high-tech industry. This has directly led to changes in the global trade industry chain and the prices of high-tech industries. Different policies have also indirectly affected trade between countries and made politics sensitive.