US EditionHow US-China tariffs reached sky-high levels in 3 months
- The U.S. And China escalated tariffs to record highs between February and April 2025, with the U.S. Raising duties on Chinese goods up to 145%, and China increasing tariffs on U.S. Goods to 125%.
- These tariff increases followed a cycle of retaliatory measures beginning shortly after President Trump signed an executive order imposing initial 10% tariffs on China on February 1, 2025, with China responding the same day.
- The tariff rounds included duties on key U.S. Farm products, expanded controls on U.S. Companies, and China's export controls on rare earth minerals, alongside U.S. Threats of further tariffs if China did not roll back its measures.
- Trump called April 2 'Liberation Day' for announcing 34% tariffs effective April 9, while Beijing declared it would not raise duties beyond 125%, with both sides agreeing to meet in Geneva for talks starting May 6 to ease tensions.
- The tariffs severely harmed exporters and slowed both economies, and while Trump expressed openness to reduce tariffs if China conceded, Beijing reiterated demands for the U.S. To cancel existing tariffs ahead of negotiations.
29 Articles
29 Articles
Taiwan adjusts supply chains amid U.S. tariff talks; political risks loom: Experts - Focus Taiwan
Taipei, May 10 (CNA) Taiwan businesses have adjusted their supply chain strategies as trade negotiations continue between the United States and various other countries, while there is a risk that Taiwan could become a bargaining chip in the current China-U.S. talks, Taiwanese experts said Saturday.
US-China Tariffs Talks Loom as Chinese Citizens Adjust Spending Habits - Real News Now
This weekend, representatives from America and China are scheduled to have a round of discussions in Switzerland. This dialogue aims to address the broad tariffs imposed by President Trump. Meanwhile, within its borders, the Chinese government is counting on robust consumer expenditure to stimulate economic growth in a bid to counterbalance the impact of these tariffs. Over ten years, Jasmin Zhan, a resident of Shanghai, has been earning approxi…
Associated Press News
How US-China tariffs reached sky-high levels in 3 months
Talks planned this weekend between U.S. and Chinese officials in Switzerland are a culmination of more than three months of dizzying rounds of retaliatory tariffs between the two countries that have crippled each other’s exporters and dragged on their economies.
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