• ISSN: 2010-023X (Print)
    • Abbreviated Title: Int. J. Trade, Economics and Financ.
    • Frequency: Quaterly
    • DOI: 10.18178/IJTEF
    • Editor-in-Chief: Prof.Tung-Zong (Donald) Chang
    • Managing Editor: Ms. Shira. W. Lu
    • Abstracting/ Indexing:  Crossref, CNKI, EBSCO

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IJTEF 2024 Vol.15(3): 88-92
DOI: 10.18178/ijtef.2024.15.3.775

Study on the Three Foreign Economic and Trade Wars Launched by the America after World War II

Hsiung-Shen Jung*
Department of Applied Japanese, Aletheia University, New Taipei City, Taiwan
Email: a0939602247@gmail.com (H.S.J.)

Manuscript received October 26, 2023; revised November 23, 2023; accepted January 18, 2024; published July 10, 2024.

Abstract—The America launched an economic and trade war against the Soviet in the 1980s, when the America and the Soviet had confronted the America and the Soviet militarily and politically for nearly 40 years. On the surface, it looks like an economic and trade war, but in fact the America is fighting it from three aspects: the political, military, and economics. In the end, it not only dragged down the economy of the Soviet, but also indirectly caused the collapse of the Soviet. Although Japan is an ally of the America, the “US-Japan trade friction” in the 1980s became an opportunity for the America to launch an economic and trade war against Japan. As a result, a “bubble economy” occurred in Japan, and eventually the bubble burst, leaving the Japanese economy in a recession for a long time. The America used the long-term trade imbalance between the America and China as a pretext, triggering the “U.S.-China trade war”. But in fact, because China, whose overall strength is constantly increasing, is gradually posing a threat to the America, the America has designated China as the next target to strike. The America seems to want to contain China from the political, military, and economic aspects, just as it did with the Soviet. However, because the economic and trade relationship between China and the America is very close and interconnected, the America must consider whether measures against China will also affect the America itself.

Keywords—US-Soviet economic war, US-Japan trade friction war, US-China trade war, cold war

Cite: Hsiung-Shen Jung, "Study on the Three Foreign Economic and Trade Wars Launched by the America after World War II," International Journal of Trade, Economics and Finance, vol.15, no.2, pp. 88-92, 2024.

Copyright © 2024 by the authors. This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited (CC BY 4.0).

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