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August 8: The Office of the United States Trade Representative published its finalized list of 279 Chinese goods, worth $16 billion, to be subject to a 25% tariff from August 23. [84] [119] [120] In response, China imposed 25% tariffs on $16 billion of imports from the US, which was implemented in parallel with the US tariffs on August 23. [121]
Discontinued its own line of mobile phones and became a national distributor for Chinese mobile brand Honor. [10] Canada: BlackBerry Limited: Ended smartphone production in 2016; brand licensing agreement with TCL Communication ended in 2020. China: Konka Indonesia: Mito Italy: Telit Malaysia: Ninetology. Now an electric bicycle branded as E-Nine
United States trade deficits from 1997 to 2021. Deficits are over 50 billion dollars as of 2021 with the countries shown. Data from the US Census Bureau. The Trump tariffs (sometimes referred to in media as the Trump–China trade war) were protectionist trade initiatives during the first Trump administration against Chinese imports.
Looking back to the US trade war with China during Trump's first term, Fed researchers noted a persistent decline in S&P 500 returns after each tariff announcement. "These stock-market price ...
The probe is being conducted under Section 301 of the Trade Act of 1974, the same unfair trade practices statute Trump invoked to impose tariffs of up to 25% on some $370 billion worth of Chinese ...
It was argued that the export ban was being used as leverage by the United States as part of an ongoing trade dispute with China. [44] [45] On 7 June 2018, ZTE agreed to a settlement with the Department of Commerce in order to lift the import ban. The company agreed to pay a US$1 billion fine, place an additional US$400 million of suspended ...
China abused its trade relationship with the US, costing over 4 million jobs. We also lost up to $600 billion in intellectual property per year. Trump should end that horrible deal.
Greer supports tougher economic policies towards China, including the aggressive enforcement of the trade deal that resulted from the China–United States trade war and using export controls and sanctions against China. [10] He supports trade deals with countries such as the United Kingdom, Kenya, the Philippines and India to counter China, as ...