China-U.S. trade war

17-12-2018 Exclusive News
 

China-U.S. trade war in 2018

 

  • March 23

     The U.S. increased tariffs on all steel and aluminum imports

  • April 2

     China imposed tariffs on U.S. imports worth three billion USD.

  • April 3

     The U.S. announced a potential 25% tariff on Chinese imports worth of 50 billion USD.

  • April 4

     China responded by proposing a 25% tariff on U.S. imports worth of 50 billion USD.

  • April 16

      The U.S. banned ZTE from doing business with U.S. companies for seven years.

  • May 3-7

      First round of trade talks took place in Beijing.

  • May 17

     Second round of trade talks held in Washington

  • May 20

     Two sides agreed to put the trade war on hold.

  • June 2-4

     Third round of trade talks took place in Beijing.

  • July 6

     The U.S. agreed to allow ZTE to resume limited business with U.S. companies. The first round of tariffs on imports, worth of 34 billion USD respectively, began.

  • July 11

      The U.S. announced plans to levy tariffs on 200 billion USD of Chinese goods.

  •  August 3

     China announced a retaliation plan on 60 billion USD's worth of U.S. imports.

  • August 23

     The second round of tariffs on imports, worth of 16 billion USD respectively, began.

  • September 17-18

     The U.S. announced 10 percent tariffs on 200 billion USD of Chinese imports, a 25% rise, from 2019 China announced retaliatory tariffs on 60 billion USD of U.S. imports.

  • September 24

     The third round of tariffs implemented.

  • November 1

     Xi and Trump talked on phone.

  • December 1

     China and the U.S. agreed a 90 days truce.

  • December 14

     China announced to suspend additional 25% tariff on imports of U.S. autos from January 1.

 

 

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