Here’s a play-by-play of how US and Chinese language tariffs have reached such sky-high ranges because the starting of Trump’s second time period in workplace:
Feb 1, 2025 – Trump indicators an government order imposing 10% tariffs on China, in addition to 25% duties on Mexico and Canada. He later pronounces a 30-day reprieve on the Mexican and Canadian tariffs.
Feb 4 – The ten% tariffs on all Chinese language imports to the U.S. come into impact. China retaliates the identical day by saying a flurry of countermeasures, together with duties on American coal, liquefied pure gasoline and agricultural equipment.
March 4 – Trump imposes further 10% tariffs on all Chinese language items, bringing the entire stage of duties to twenty%. China responds with tariffs of as much as 15% on imports of key U.S. farm merchandise together with rooster, pork, soy and beef, and expanded controls on doing enterprise with key U.S. firms. March 10- Chinese language tariffs and measures introduced on March 4 go into impact. April 2- On Trump’s so-called tariff “Liberation Day,” he pronounces further 34% duties on all Chinese language imports, alongside tariffs on items from nations all over the world. The sweeping tariffs are to return into impact April 9.
April 4 – China fights again by imposing 34% tariffs on all US items, efficient April 10, in addition to different retaliatory measures together with extra export controls on uncommon earth minerals.
China additionally suspends imports of sorghum, poultry and bonemeal from a number of US firms, provides 27 companies to lists of firms dealing with commerce restrictions, and begins an anti-monopoly probe into DuPont China Group, a subsidiary of the US firm DuPont.
April 7- Trump threatens China with further 50% tariffs if it does not roll again its 34% reciprocal tariffs.
April 9 – Trump’s “Liberation Day” tariffs come into impact. The US raises tariffs on China even larger than beforehand introduced, to 104%.
Beijing retaliates with duties of 84% on US items, efficient April 10.
Trump additional raises tariffs on all Chinese language items to 145%, efficient instantly.
April 11 – China raises its tariffs on all U.S. items to 125%, efficient April 12. Beijing says it might not increase the duties any additional.
Might 6 – The Trump administration pronounces that Treasury Secretary Scott Bessent and US Commerce Consultant Jamieson Greer will meet with their Chinese language counterparts in Geneva. China will likely be represented on the talks by Vice Premier He Lifeng.
