A timeline of the US tariffs on Chinese goods

BBC ^ | Oct 30 | BBC

[RandFan]

Here's a look at how US tariffs on Chinese goods have changed during President Trump's second term so far.

February: Trump imposes a 10% tariff on Chinese goods due to what he said was the flow of the drug fentanyl to the US.

March: The president adds another 10% tariff on goods from China, accusing it of not doing enough to address the fentanyl flow to the US.

April: Trump adds a 34% levy on all Chinese imports as part of his sweeping "Liberation Day" tariffs. This brings the total to 54% on Chinese goods. This is on top of sector-specific tariffs, which means some Chinese imports are facing far higher tariffs.

May: The US and China reach an agreement to cool trade tensions after weeks of escalating tit-for-tat measures.The two sides agree to roll back tariffs - at this point rates have shot past 100% on both sides - they had each imposed since April.

But the 20% levy the US had originally imposed in February stays - so the Chinese face a 30% tariff.

30 October: On Thursday, after talks with Xi Jinping, Trump tells reporters he has agreed to lower the "fentanyl tariff" to 10% from 20%, possibly a reference to the February levies.

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TOPICS: Business/Economy; Chit/Chat; Conspiracy
KEYWORDS: china; commerce; freetraitors; nevertrumpingtroll; randpaul4chicoms; randpaulisatraitor; tariffs; trade; zot

[RandFan]

Trump cuts the "fentanyl tariff" in half then

[ReganFan4ever]

I expect the flip-flopping on tariffs to continue not just with China but world-wide.

[central_va]

I expect globalist to keep lamenting while PATRIOTS save America from them.