US EditionTrump on China trade switch-up: They ‘would have broken apart’
- US President Donald Trump imposed tariffs on Chinese goods during his second term, with levies expected to hold at 30% through late 2025.
- This tariff policy arises amid ongoing US-China trade tensions, with low expectations for rapid removal despite active negotiations and a recent 90-day truce.
- Bloomberg Economics projects that these tariffs will eliminate about 70% of Chinese exports to the US, while surveys show mixed forecasts on future tariff levels.
- A Bloomberg survey of 22 respondents on May 14 found most expect tariffs to remain near 30%, with some predicting decreases to 20% if a final trade deal is reached before 2026.
- The persistence of tariffs poses risks to China's economy and global markets, with experts warning that trade agreements are uncertain and Chinese policy easing may be limited.
18 Articles
18 Articles
Trump: China Trade Truce Saved Them From Collapse
President Donald Trump said Friday that the recent trade agreement with China prevented the Asian economic giant from breaking apart, arguing America was better equipped to endure a prolonged trade conflict due to renewed national spirit following his re-election, The Hill...
Trump on China trade switch-up: They ‘would have broken apart’
President Trump believes that China would have suffered more harm than the U.S. in a prolonged trade war, and lowered tariffs on Chinese imports to 30% from 145% and Chinese tariffs on US goods to 10% from 125%.
Trump on China trade switch-up: They ‘would have broken apart’ - Policy Wir
President Trump said Friday that he thinks that China would have suffered more harm than the U.S. in a prolonged trade war because America “has spirit again” after electing him to a second term.“If I didn’t do that deal with China, I think China would have broken apart. We are not going to break,” Trump said
US-China Trade War: 30% Tariffs Seen Until 2026
The global economy braces for a prolonged trade standoff between the US and China, as analysts and investors anticipate that Donald Trump’s tariffs will remain a significant barrier to Chinese exports to the US. Despite a temporary 90-day truce, the prevailing sentiment is that the US levies on Chinese products, currently at 30%, will persist through late 2025. This expectation is based on a… Source
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