Timeline: All the twists and turns in the US-China trade war
- Key Chinese trade hubs are experiencing disruptions, with a near halt in cargo traffic to the United States, according to Radio Free Asia .
- RFA reported that as of April 9, almost no cargo ships are headed to the US from major ports like Shanghai and Guangdong, leading to factories ceasing operations.
- US President Donald Trump announced an increase in 'reciprocal tariffs' on China to 125 percent, effective immediately, raising total tariffs to 145 percent, as per RFA.
- In response, China raised its tariffs on US imports from 84 percent to 125 percent, marking an ongoing trade standoff that has been escalating for over two months.
60 Articles
60 Articles
'Real tension going on there': PM doubles down on 'trade war' comment
Prime Minister Christopher Luxon. Photo: RNZ Prime Minister Christopher Luxon has repeated his view that there is a trade war playing out between the US and China, despite the foreign minister calling that language "hysterical".
China thinks it can bring the US to its knees in trade war: 'Beijing will suffer, but also smells its chance'
With the sky-high import tariffs, the American arrows are mainly aimed at Beijing, which has vowed to fight to the bitter end. The Chinese are worried about their economy. But it also fuels anger among the people towards the US. In the long run, however, the trade war does not have to be so bad for Beijing.
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