China and United States of America engaged in a trade war of which has been characterized by increasing tariffs and other trade barriers aimed towards forcing China to make changes to what the U.S referred to as “unfair trade practices”. These include the theft of U.S Intellectual Property (IP) and the forced transfer of American technology to China. The U.S also claimed that these practices have led to the growing trade deficit in their dealings with China (Rosyadi & Widodo, 2017). 

Requirement 

a) Critically examine how far this trade war has reached and whether or not any of the International Institutions for Trade have aided in the resolution of the matter. 

b) Explain how the macro and micro economic indicators of both countries haver responded to this trade war.