"This year a war between the world's two largest economies has been ramping up. China is accusing the White House of launching the largest trade war in history. I laughing billions of dollars worth of tariffs on Chinese goods. This has officially started in August last year with an American investigation into China's trade practices this year. The US is impose tariffs on hundreds of billions of dollars of Chinese goods. The United States has just announced tariffs on another two hundred billion dollars in Chinese made goods for total so far to the Chinese government has responded in kind in January of further escalation is expected with some of the American tariffs scheduled to rise from ten percent to twenty five ahead of that though is the twenty summit where the two countries leaders will meet the next milestone could be at the end of the month in Argentina. When President Donald Trump is slated to meet with president Jean ping. Sameeh canes is our US economics correspondent in a miracle scenario for critiques of tariffs. We could get some kind of big fancy deal between these two leaders, and they could just announce that oh, we'll friends now when President Trump is that dealmaker and chief and we've ended the trade will alternatively it could escalate there have been reports that the Americans are considering announcing the rollout of more tires on the rest of imports from China or it could just stay where it is. Which is still a lot of tarrifs winding back a little bit. Why are these tariffs in effect? What's what kicked this off that depends on who you Oskar? So if you look at the president's Twitter feed, you might think that it was out of some kind of disdain for the American trade deficit with China. It is the largest deficit of any country in the history of our world. It's out of control. So we're going to. Get it taken care of sleeve, you if you read official documents, then it's to do with a bunch of policies that the Chinese government has been implementing that US doesn't like so the the Trump administration is accusing the Chinese state of forcing American companies to hand over that technology as as a precondition accessing the Chinese market, their cues ING, the government of undetake really aggressive industrial policy in a way that steals American ideas. And I think over the policy few weeks months, there's been an increasing feeling I think in DC that. No, no, this is about more than trade that that message is becoming louder and you have the speech of Mike Pence China now spends as much on its military as the rest of Asia combined and Beijing prioritize capabilities to erode America's military advantages on land. At sea in the air and space China wants nothing less than to push the United States of America from the western Pacific and attempt to prevent us from coming to the aid of our allies. There's this feeling that China isn't just an economic rival it's really strategic and perhaps ministry rival that it could be dangerous for America to be so intertwined with economically. Bless including ski and isolate stinker Binz fuel injection pumps hair of animals, including human. The US tariffs cover extraordinary range of goods parachutes sailboats that can cleaness heck LIPA squid CQ, compass SIA Chinse icicle lights, manure spreaders automatic beverage vending machines, many of the Chinese tariffs have been on agriculture products targeting. Those states loyal to Mr. Trump. It is absolutely more than trade. K-? You Jin is a professor at the London School of economics and specializes in the Chinese economy. It's a competition about the development model it's going to be about technology competition, and is about the fact that in an autocracy like China, the economy has been doing well, then many of the democracies, and ultimately it's going to be about China US rivalry in especially in my view rivalry in terms of artificial intelligence. Do you think this trade war is more about sort of containing international expansionism and the belt and road initiative and so on or is that blessed direct? I think it's it's trying to contain China's rise in general, but guess what the trade shock. It's a one time shock it's done. China has risen due to trade and that has already happened. So if the US wants to think about how to you know, kind of limit China's rise in the future it has to look"