trade war USA-China
Category: Other
Updated: 21 Sep 2018
Contributors
Created byZlatko Georgiev
Attachments
Events
The USTR is authorized to investigate whether
steel/aluminium imports pose a threat to
national security.The USTR initiates an investigation into certain
acts, policies and practices of the Chinese
government relating to technology transfer,
intellectual property and innovation.First trade action against China – US imposes
tariffs on imported solar panels and washign
machines.President Trump imposes 25% tax on steel
imports and 10% on aluminium imports.
Besides China, tariffs also cover other countries,
incl. Canada and Germany.China hits back on 3 billion USD
worth of U.S. imports. Including a 15% tax on
American products such as fruits, nuts, wine and
steel pipes; 25% tax on eight other goods such as
recycled aluminium and pork.The U.S. additionally proposes a 25% tax on over
1000 Chinese products, worth 50 billion USD:
aerospace, machinery and medical industries
affected. The next day, Beijing announces plans
for a 25% tax on US products worth 50 billion
USD – the list includes aircraft, cars, soya beans,
chemicals.Trump administration threatens new tariffs worth
100 billion USD, China threatens with
„countermeasures“.April 16-17, 2018 US bans Chinese company ZTE
from doing business with American firms for
seven years due to violation of sanctions on Irand
and DPRK, yet later reverses it and imposes a fine
instead. China announces a 179% tax on
American Sorghum.US-China engage in trade talks in Beijing, where
the US demands that China reduce the trade gap
by US$200 billion within two years. Talks end, but
no resolution.The White House says it will move ahead with its
25% tax on 50 billion USD worth of Chinese
goods. Also announces limits on Chinese
investment in high-tech industries.US announces tariffs on $50 billion of imports
from China, with Trump threatening more if
China retaliates. China responds in kind.The USTR releases a list of $200 billion of Chinese
goods it plans to impose an extra 10 percent
tariffs on.The Chinese Ministry of Commerce announces
that a formal case has been lodged at the WTO
against the US for its tariffs on solar panels,
alleging that US tariffs have damaged China’s
trade interests.August 23, 2018 Tariffs on $16 billion of Chinese
imports to begin. Chinese retaliation of tariffs on
$16 billion of US exports to begin.The US has invited China to restart trade
negotiations before tariffs on US$200 billion
worth of Chinese goods go into effect.US announces 10 percent tariff on $200 billion of
Chinese exports effective September 24 until the
end of 2018, to rise to 25 percent afterward.
Smart watches and a few other items from the
preliminary list are exempted.China announces that it will implement tariffs on
US$60 billion worth of US goods
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