As long as it operated as a cheap factory, China’s growth w...

As long as it operated as a cheap factory, China’s growth was welcomed by the US, and its emergence as a new market for consumer goods was eagerly anticipated. However, in the mid-2010s the relationship between the rising nation and the incumbent superpower became more competitive. With the election in 2016 of Donald Trump on an “America First” platform, the gloves came off. Unhappy with the trade imbalance, the US president kicked off a trade war in 2018. The fallout for companies has been considerable.
(Lucy Colback. www.ft.com, 28.02.2020. Adaptado.)

O excerto descreve mudanças nas relações geopolíticas entre Estados Unidos e China nas últimas décadas. Essas mudanças resultaram em