Asia Under Fire of US Sanctions
Economic sanctions are different from trade wars. These two concepts are often confused in the Asian region, especially when it comes to relations between the US and China. In fact, they differ both in goals and in methods. Trade wars are aimed to achieve economic advantages for national producers. Tariff regulation is the main means of carrying out a trade war. Countries can remain partners and even allies, but still wage major trade wars. Sanctions, on the contrary, pursue mainly political goals. The initiating country aims to have the target country make specific political concessions or change its political course.