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The United States of America and the Peoples'' Republic of China are the world''s leading economies. As such, if one wishes to understand the global economy, he or she must consider the economic relationship between these two countries. Chapter One examines the complex trade interrelationship among the US, China, and Africa, and the impact this system has on Africa''s development. Chapter Two analyses the overall situation of the development of the Sino-US trade by examining the history of trade between China and the US starting from the late 18th century. Chapter Three provides an overview of the trade war between China and the United States and illustrates the impact of this conflict on Latin America.