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In 2018, during his first term, Trump initiated a brutal two-year trade war with China over its massive U.S. trade surplus, with tariffs imposed by both sides on hundreds of billions of dollars ...
China's Finance Ministry said shortly after the tariff started that it would impose a tariff of 15% for coal and liquefied natural gas and 10% for crude oil, agricultural equipment and large ...
China's Vice Premier He Lifeng expressed concerns over U.S. tariffs and trade restrictions on China during a video call with U.S. Treasury Secretary Scott Bessent on Friday, Chinese state media ...
In January 2018, Trump imposed tariffs on solar panels and washing machines of 30–50%. [1] In March 2018, he imposed tariffs on steel (25%) and aluminum (10%) from most countries, [2] [3] [4] which, according to Morgan Stanley, covered an estimated 4.1% of U.S. imports. [5] In June 2018, this was extended to the European Union, Canada, and ...
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]
The Ministry of Commerce of China condemned Trump's tariffs, announced China would file a legal case against the US in the World Trade Organization, and said China "will take corresponding countermeasures to firmly safeguard its rights and interests". [40] The United States' 10% tariffs on all Chinese goods went into effect on February 4, 2025.
Shortly after the tariffs on China went into effect, Beijing’s commerce ministry said the country would impose a 15% tariff on coal and liquefied natural gas imported from the US, along with a ...
President Donald Trump will speak with Chinese President Xi Jinping on Tuesday, Trump's top trade official said, after China said it would impose fresh tariffs on U.S. imports in swift retaliation ...