Read the following articlesregarding the US and China tariff wars

Please keep in mind, these articles are opinion pieces that are swayed by the political affiliation of each reporting source.

1. CNN post: He, L. (2020, May 19). A US-China trade war is the last thing the world economy needs now. CNN Business. Retrieved from:https://www.cnn.com/2020/05/19/economy/us-china-trade-war-resume-coronavirus-intl-hnk/index.html
2. Here is some additional information regarding impact on supply chain from Carnegie Endowment For International Peace, June 24, 2020, by Y.Huang and J.SmithIn US China Trade War- New Supply Chain Rattles Markethttps://carnegieendowment.org/2020/06/24/in-u.s.-china-trade-war-new-supply-chains-rattle-markets-pub-82145
3. . Possible search terms: US China Tariff War, US China Trade War, etc.Must be from an academic journal.

Be sure to use references and citations, minimum of 3 references, both articles should be used as references and you are required to find at least one academic journal source from the QC library as well.

What you should include in your discussion:

• Provide some background on the past and current issues related to the US China trade wars.
• Evaluate the current economic conditions of the US. How has GDP been affected by the pandemic?
• How does the current pandemic affect any trade war between the countries?
• Explain the advantages and disadvantages of using tariffs.
• Identify ways in which a tariff war may affect the economy of the US. Discuss how the US Factor Market and Product Market may be affected by tariffs.
• In the summary section provide reasoning for whether or not you support the use of tariffs on goods from China in the current economic situation.