English Teacher of “English Language Department”, Tashkent State University of Economics, Tashkent, Uzbekistan, Email id: feruza_askarova@inbox.ru
Online published on 11 January, 2021.
In today's system of international economic relations, the interaction of two economic giants, such as the United States and China, is of particular importance. In 2013, US exports to China-had a positive impact on the development of many areas of America's industry, including-automobile manufacturing, agriculture, computer and electronics manufacturing, the chemical industry and others. As a result of this phenomenon, the US trade deficit for these East Asian countries has decreased, and the trade deficit with China has increased. China was in second place in terms of trade with the United States after Canada, the third export market and the largest supplier of goods for the United States. In the future, it is planned to continue negotiations to overcome this situation by discussing mutual requirements. The significance of these negotiations is that in addition to the fact that the introduction of such duties will harm the economies of both countries, it will also lead to an imbalance.
Negotiations, Economic Giants, Interaction