Simple Timeline of Trade War
Category: Other
Updated: 3 Mar 2020
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Created byY10D1 Cheuk Yin (Chris) CHEANG
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Having laid out his plans to enact new tariff to counter China’s unfair trade policies in June 28, 2016, Trump calls for a review of US trade deficits and the enactment of new tariffsTrump and Xi Jingping had their first meeting, in which they laid out a 100-day deadline for trade talks (this was not fulfilled)By this date, the first of the tariffs have been enacted by Trump, i.e. washing machines, solar panels, 25% on steel imports and 10% on aluminium (not just from China)China imposes its first tariff, up to 25% on 128 U.S. productsAfter a series of new tariffs enacted back and forth by the two countries, US and China agreed to a 90 - day halt to new tariffsThe enaction of new tariffs resume, with trump intending to raise tariffs on $200 B Chinese goods to 25%US enacts a ban on Huawei, denying their access of buying parts from the USUS enacts a ban on Huawei, denying their access of buying parts from the USTrump agrees to no new tariffs and to ease restrictions on HuaweiTrump announces the phase 1 deal, which outlines a suspension of future tariffsChina halfs tariffs on >1700 US goods
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