- As promised on the campaign trail, U.S. President Donald Trump slapped a 10% tariff on all imports from China, effective February 4; China swiftly hit back with additional tariffs of 10% and 15% on select U.S. goods, along with an antitrust investigation into Google and implementation of export controls on critical minerals.
- Businesses are evaluating the costs and feasibility of relocating supply chains from China due to the new tariffs, though many find relocation too expensive or complex.
- The tariff battle is deepening U.S.-China divisions, pushing China to strengthen ties with alternative trading partners such as the EU, ASEAN, and BRICS nations, potentially reshaping global economic alliances.
- The escalating tensions show no sign of abating as the much-anticipated Trump-Xi talk has been postponed indefinitely.
U.S.-China Relations
U.S., China kick off new round of tariff war
News in this package
U.S.-China Relations
China criticizes Trump tariffs, threatens possible retaliation
Wang Yi urges Washington to stop tariff war, claims Chinese support for multilateral world order.
U.S.-China Relations
China warns U.S. against containment as Trump’s second term reshapes relations
Wang Yi signals a tough stance on U.S. sanctions but raises the possibility of a successful partnership.
Foreign Affairs
Trump hails retaliatory tariffs in defense of America’s jobs and its soul
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Economy and Finance
China sets moderate economic growth target amid looming trade war
Analysts say China’s attempt to boost domestic consumption might be compromised by the large amount of resources it pours into emerging sectors like AI.
Foreign Affairs
Trump declares ‘America is back,’ defends tariffs, other policies in address to Congress
President says United States will begin imposing 'reciprocal tariffs' on all U.S. trading partners on April 2.
Foreign Affairs
Trump to hit Canada, Mexico, China with new tariffs
He blames all three countries for scourge of fentanyl flow into U.S.
Foreign Affairs
Trade wars in America: past and present
Trump’s trade dispute with China has expanded to Canada and Mexico. But this isn’t the first time the U.S. has conducted trade wars with adversaries and allies alike.
U.S.-China Relations
As tariffs take effect, Beijing and Washington look back to 2020 deal
The deal called on reducing the U.S. trade deficit with China, and cracking down on Chinese trade practices, such as nontariff trade barriers, intellectual property violations, and the forced transfer of technology without adequate compensation.
U.S. China Relations
Trump tariff met with mixed reactions from China
The Chinese government threatened retaliation, while some Chinese exporters said they may be forced to give up the U.S. market and take their business elsewhere.
U.S.-China Relations
White House monitoring China’s complaint on Trump tariffs at WTO
China said the U.S. tariff measures were 'discriminatory and protectionist' and violated international trade rules. But the complaint is largely performative and unlikely to yield much relief.