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The second Trump tariffs are trade initiatives announced by Donald Trump, the 47th president of the United States, principally in the form of tariffs on imports starting in 2025. Since before becoming president in 2017, Trump has promoted import tariffs to retaliate against countries he believes are "ripping off" the United States.
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]
China said it would implement a 15% tariff on coal and liquefied natural gas products as well as a 10% tariff on crude oil, agricultural machinery and large-engine cars imported from the U.S. The ...
The countries will drop all pending litigation in the World Trade Organization related to the tariffs, set up measures to "prevent the importation of aluminum or steel that is unfairly subsidized and/or sold at dumped prices" and "prevent the transshipment of aluminum and steel made outside of Canada or the United States to the other country ...
WASHINGTON/BEIJING (Reuters) -China on Tuesday imposed targeted tariffs on American imports and put several U.S. companies, including Google, on notice for possible sanctions, in a measured ...
The Chinese tariffs target at most $20 billion of the country’s annual imports from the US, about 12% of the total, which is “a far cry” from the more than $450 billion in Chinese goods ...
Tariffs are a tax imposed on goods that the U.S. imports from other nations. President Donald Trump said the U.S. would impose sweeping tariffs on imports from Mexico, Canada and China, but last ...
In 2018, the United States levied 25 percent tariffs on a wide range of Chinese imports, [11] totaling $16 billion in Chinese goods, to which the Chinese Ministry of Commerce matched with a 25 percent tariff on $16 billion in U.S. imports. [12] The China–United States trade war intensified in August 2019, with the U.S. threatening 10% tariffs ...