2018 ⟶ China and United States Initiate Trade War
China–United States trade war begins.Year
1844
1858
1995
2001
2007
2018
🤝 United States and China Sign Treaty of Wanghia
Treaty of Wanghia was signed by the United States and China.⟶
DiplomacyTreatyTradeForeign RelationsImperialismQing Dynasty


🤝 Second Treaty of Kanagawa: Tariff Reduction Opens US-Japan Trade
Second Treaty of Kanagawa: Treaty would place low tariff on American goods further opening United States and Japanese relations.⟶
TradeTreatyInternational RelationsTariffsMeiji RestorationDiplomacyEconomic Development


💻 eBay Founded
September 3: eBay is founded by Pierre Omidyar.⟶

E-commerceInternetEntrepreneurshipRetailGlobalization

🤝 China Joins the World Trade Organization
December 11: China becomes a member of the World Trade Organization.⟶

GlobalizationEconomic DevelopmentInternational TradeTrade AgreementsGlobal Economy

📉 Global Recession Triggered by Food Price Spike and Financial Crisis
Spike in food prices and subprime crisis help trigger global recession.⟶

RecessionFinancial CrisisGlobal EconomyEconomic DownturnGlobalizationMarket Volatility

⚔️ China and United States Initiate Trade War
China–United States trade war begins.⟶

TariffsGlobalizationInternational RelationsEconomic Sanctions

