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The Congressional Research Service (CRS) reports that the U.S. imported $54.5 billion worth of de minimis products in 2023, 34 percent ($18.4 billion) of which came from China.
China imposed retaliatory measures, including a 15% tariff on American coal and liquified natural-gas products as well as a 10% tariff on crude oil, agricultural machinery, and large-engine cars ...
That charge included $20.76 in import duties, $1.31 in regulatory charges and $17 in duty tax processing. ... As of February 4, shippers or receivers must pay duties on all China and Hong Kong ...
Country or region Imports (millions of $) . Year United States 3,375,948 2022 European Union [n 1] 2,743,745 [3]: 2022 China 2,706,601 2022 Germany 1,571,057 2022 Japan ...
China says it will open an investigation into U.S. tech giant Google and imposes export controls on rare earth metals ... billions of dollars’ worth of goods. In 2020, China ended the row by ...
Trade in goods and services can serve as a substitute for trade in factors of production. Instead of importing a factor of production, a country can import goods that make intensive use of that factor of production and thus embody it. An example of this is the import of labor-intensive goods by the United States from China. Instead of importing ...
China imposed 5% to 10% tariffs on one-third of the 5,078 goods it imports from America, with tariffs on the remainder scheduled for December 15. [180] The United States imposed new 15% tariffs on about $112 billion of Chinese imports, such that more than two-thirds of consumer goods imported from China were then subject to tariffs. [181]
Capital Economics, a U.K.-based research firm, estimated that China's additional tariffs would apply to about $20 billion of annual imports, compared with the $450 billion worth of Chinese goods ...