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China–United States trade war

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China–United States trade war
Chinese Vice Premier Liu He and US President Donald Trump signed the Phase One Trade Deal in January 2020.
DateJanuary 22, 2018 (2018-01-22) – present
(7 years, 1 week and 6 days)
Location
StatusOngoing
Parties to the civil conflict
Lead figures
  1. ↑ CCP General Secretary is head of the CCP Central Financial and Economic Affairs Commission, the top financial decision making body in China.
China–United States trade war
Simplified Chinese中美贸易战
Traditional Chinese中美貿易戰
China–United States trade dispute
Simplified Chinese中美贸易争端
Traditional Chinese中美貿易爭端

An economic conflict between China and the United States has been ongoing since January 2018, when U.S. president Donald Trump began adding tariffs and other trade barriers on China with the goal of forcing it to make changes to what the U.S. says are "unfair trade practices" and intellectual property theft.[1]

Trade war

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The first Trump administration said that these practices may add to the U.S.–China trade deficit, and that the Chinese government needed transfer of American technology to China.[2] In response to US trade measures, the Chinese government accused the Trump administration of supporting nationalist protectionism.[3][4] After the trade war escalated through 2019, in January 2020 the two sides reached an agreement.[5][6] By the end of Trump's first presidency, the trade war was widely seen as a failure for the United States.[7]

The Joe Biden administration kept the tariffs in place, but made adjustments on Chinese goods such as electric vehicles and solar panels.[8][9][10]

In 2024, the Trump presidential campaign proposed a 60 percent tariff on Chinese goods.[11] On 1 February 2025, President Trump increased tariffs on China by 10 percent with China responding to retaliatory tariffs.[12]

References

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  1. ↑ Swanson, Ana (July 5, 2018). "Trump's Trade War With China Is Officially Underway". The New York Times. Retrieved May 26, 2019.
  2. ↑ "Findings of the Investigation into China's Acts, Policies, and Practices Related to Technology Transfer, Intellectual Property, and Innovation Under Section 301 of the Trade Act of 1974", Office of the U.S. Trade Representative, March 22, 2018
  3. ↑ Lo, Kinling (September 27, 2019). "China doesn't want to supplant the US, but it will keep growing, Beijing says". South China Morning Post. Retrieved August 11, 2020.
  4. ↑ Bradsher, Keith (May 13, 2019). "With Higher Tariffs, China Retaliates Against the U.S." The New York Times.
  5. ↑ "China missed US trade-deal targets last year, new data shows". South China Morning Post. 22 January 2021. Retrieved 26 January 2021.
  6. ↑ Zumbrun, Josh (December 31, 2021). "Beijing Fell Short on Trade Deal Promises, Creating Dilemma for Biden". The Wall Street Journal.
  7. ↑ Multiple sources:
  8. ↑ "Biden Administration Ratchets Up Tariffs on Chinese Goods". New York Times. 2024.
  9. ↑ Guzman, Chad de; Ewe, Koh (2024-09-11). "Comparing Trump and Harris on China". TIME. Retrieved 2024-09-23.
  10. ↑ Lobosco, Katie (2024-09-13). "Biden finalizes increases to China tariffs | CNN Politics". CNN. Retrieved 2024-09-23.
  11. ↑ "Trump favors huge new tariffs. How do they work?". PBS News. 2024-09-27.
  12. ↑ "Trump's 10% tariff on China begins as Beijing plans retaliation on US coal, gas, and pick-ups". BBC News. BBC News. 4 February 2025. Retrieved 4 February 2025.
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