Combating inflation has been on President Joe Biden’s mind lately. But any mention of the high tariffs on Chinese imports that he inherited from the Trump administration has been critically absent from these discussions.

Technological innovation is one of the main fields of US–China competition. Competition in the semiconductor industry is a significant point of tension where the continued interference of US bureaucracies in the industry is a source of contention between the superpowers.

In light of high inflation and rising prices, the Biden administration announced it’s considering dropping its current tariffs on Chinese imports to ease inflationary pressures. The tariffs have indeed hurt both U.S. industry and workers. Another consequence of the U.S. imposed tariffs is that they invited retaliatory tariffs, primarily from China, on U.S. exports. Retaliatory tariffs have further hurt American firms and workers, with certain geographies and industries bearing the brunt of the impact.

Fifty years after late US President Richard Nixon's historic visit to China in 1972, China-US trade has undergone tremendous change in volume, quality and structure.

The U.S. administration of President Joe Biden on Tuesday slammed China for having "distorted" global trade through its unfair economic practices, and vowed to work with allies and partners to confront moves that undermine market competition.

In a fresh sign that the US' at its wits end trying to rebuild economic clout in the Asia-Pacific region, something that has faded into invisibility since its withdrawal from the Trans-Pacific Partnership (TPP) in 2017, the Biden administration is purportedly ready to unveil a new economic strategy for the region, where a China-participating mega trade deal has been all the rage.

New data show that China effectively bought none of the additional $200 billion in goods it promised to as part of a 2020 trade deal.

The United States-China trade war started in 2018 and has never officially ended. So, which side has been “winning” it?