China–United States trade war Wiki

Stocks Library

China–United States trade war Wiki


China and the United States are locked in an ongoing trade war as each country has introduced tariffs on goods traded with the other. US President Donald Trump had promised in his campaign to fix China’s “longtime abuse of the broken international system and unfair practices”.

Starting in January 2018 the U.S imposed a tariff on solar panel imports, most of which are manufactured in China. On July 6, the U.S. specifically targeted China by imposing 25% tariffs on $34 billion of imported Chinese goods as part of Trump’s tariffs policy, which then led China to respond with similarly sized tariffs on U.S. products.


China–United States trade war Wiki < Stocks Library



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