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Analysis: After a deep understanding of the matter and reference to the to be as unacceptable as the US government said. Finally, the money that China's trade surplus received, and the purchase of national debt returned to the United States. To date, China holds US$3.1 trillion in US Treasury bonds. The literature, I believe that the trade deficit proposed by the United States may only be an excuse for launching a trade war. The trade deficit between the United States and China is mostly funds earned by China's trade surplus are being used by the United States at very low interest rates to help the US economy maintain growth rates. influences: The direct effect of the Sino-US trade war is to affect trade caused by the export of Chinese manufacturing, but the United States' high-tech fields and services trade is also a trade deficit for China. Over the past three decades, The United States hopes that US companies will outsource manufacturing that requires a large amount of labor to Asian countries, to make better use of cheap labor in Asian countries, while leaving more valuable parts of innovation, technology, and brands. In the United States. So American companies take most of their between the two countries, but also affect trade-related industries, enterprises and macroeconomics. For example, China has a great influence. The United States has maintained a very close trade relationship with China, and a large part of China's export share comes from the United States. However, profits. Although China's trade deficit is the largest, American consumers have access to low-cost products and services, which is the US-led global economy, making China the largest manufacturing exporter, the United States has Most of the profits. As for the employment problem mentioned by President Trump, according to the data of 2018, the unemployment rate in the United States is only 4.1%, which is the lowest value in 17 years. The US economy does not seem this time the United States took the initiative to break the good trade relationship and carried out large-scale taxation on China's export commodities. This behavior will have a great impact on China's export trade, leading to export-related industries. The retreat while hitting the global stock market. Investor confidence will also be affected by trade wars, and subsequent investments will become more rational. As the Chinese economy has a lot of room for mangeuvre