Economics Homework Help

1. How did the trade war between the United States and China that started in July 2018 affect your own personal expenses? Must be at least 200 words in length. No references or citations are necessary.

Instructions

Create a final report for the Automobile industry detailing the impacts of the United States/China trade war. This report should address the following topics:

• major issues of the trade war;
• the tactics and measures taken by the United States and China during the trade war;
• the impacts of the trade war on  
  • the central economic problem of allocating scarce resources,
  • unemployment and inflation rates in the United States,
  • fiscal and/or monetary policy decisions,
  • the determination of foreign exchange rates based on supply and demand,
  • international trade between the United States and nations other than China, and
  • the long-range (5-year) potential impacts of the trade war on your selected industry.