On April 9, 2025, the U.S. imposed high import tariffs on Chinese goods. Average U.S. tariffs on imports from China reached ***** percent on April 10, 2025. In comparison, import levies on exports from the rest of the world were at around **** percent. In response to increased U.S. tariffs, China imposed retaliatory levies, averaging ***** percent as of April 12, 2025. After trade talks, the U.S. and China agreed to temporarily lower mutual trade barriers, leading to average U.S. tariffs of **** percent and average Chinese tariffs of **** percent on May 14, 2025.

According to estimates, if President Trump's proposed tariffs go into effect permanently, the United States' GDP would decrease by 0.4 percent. Of this, 0.3 percent would be from the 25 percent tariff on all imports from Canada and Mexico, while 0.1 percent would be from the 10 percent tariff on all imports from China. As of February 10, China imposed retaliatory tariffs on the United States, with a 15 percent tariff on coal and liquid natural gas, and a 10 percent tariff on other exports, including oil, machinery, and large motor vehicles.

Tariff rate, applied, weighted mean, all products (%) in China was reported at 2.18 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. China - Tariff rate, applied, weighted mean, all products - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Tariff rate, applied, simple mean, manufactured products (%) in China was reported at 5.21 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. China - Tariff rate, applied, simple mean, manufactured products - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

President Trump's ten percent tariffs on imports from China, which went into effect on February 4, 2025, are projected to have negative effects on both the GDP of China and the U.S. However, the effect on China's GDP is expected to be stronger and result in a contraction by 0.16 percent in 2026 and 2027 compared to the baseline scenario. In contrast, the U.S. GDP is only projected to be 0.07 percent lower than in the baseline scenario in 2027. If China retaliates, the negative effects on both countries might be stronger.

Tariff rate, most favored nation, simple mean, all products (%) in China was reported at 7.42 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. China - Tariff rate, most favored nation, simple mean, all products - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Tariff rate, applied, weighted mean, primary products (%) in China was reported at 2 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. China - Tariff rate, applied, weighted mean, primary products - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

With an export share of over 19 percent, the United States had been China's largest trade partner for years, until 2018, when the share fell significantly to 16.7 percent, after the U.S. president, Donald Trump, imposed a 200 percent tariff on goods from China. In 2024, the United States accounted for approximately 14.7 percent of Chinese exports, reaching their lowest level in the last decade.

HK: Share of Tariff Lines with International Peaks: Manufactured Products data was reported at 0.000 % in 2016. This stayed constant from the previous number of 0.000 % for 2015. HK: Share of Tariff Lines with International Peaks: Manufactured Products data is updated yearly, averaging 0.000 % from Dec 1988 (Median) to 2016, with 22 observations. HK: Share of Tariff Lines with International Peaks: Manufactured Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Hong Kong SAR – Table HK.World Bank.WDI: Trade Tariffs. Share of tariff lines with international peaks is the share of lines in the tariff schedule with tariff rates that exceed 15 percent. It provides an indication of how selectively tariffs are applied. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.; ; World Bank staff estimates using the World Integrated Trade Solution system, based on data from United Nations Conference on Trade and Development's Trade Analysis and Information System (TRAINS) database.; ;

Hong Kong HK: Share of Tariff Lines with International Peaks: Primary Products data was reported at 0.000 % in 2016. This stayed constant from the previous number of 0.000 % for 2015. Hong Kong HK: Share of Tariff Lines with International Peaks: Primary Products data is updated yearly, averaging 0.000 % from Dec 1988 (Median) to 2016, with 22 observations. Hong Kong HK: Share of Tariff Lines with International Peaks: Primary Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Hong Kong SAR – Table HK.World Bank.WDI: Trade Tariffs. Share of tariff lines with international peaks is the share of lines in the tariff schedule with tariff rates that exceed 15 percent. It provides an indication of how selectively tariffs are applied. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).; ; World Bank staff estimates using the World Integrated Trade Solution system, based on data from United Nations Conference on Trade and Development's Trade Analysis and Information System (TRAINS) database.; ;

In May 2025, *** percent of China's exports to the United States were affected by the U.S. punitive tariffs. On May 14, 2025, the average level of tariffs on Chinese goods announced by U.S. President Donald Trump ranged at **** percent.

Tariff rate, most favored nation, weighted mean, all products (%) in China was reported at 2.86 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. China - Tariff rate, most favored nation, weighted mean, all products - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Macau MO: Share of Tariff Lines with International Peaks: All Products data was reported at 0.000 % in 2016. This stayed constant from the previous number of 0.000 % for 2015. Macau MO: Share of Tariff Lines with International Peaks: All Products data is updated yearly, averaging 0.000 % from Dec 1996 (Median) to 2016, with 21 observations. Macau MO: Share of Tariff Lines with International Peaks: All Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Macau – Table MO.World Bank: Trade Tariffs. Share of tariff lines with international peaks is the share of lines in the tariff schedule with tariff rates that exceed 15 percent. It provides an indication of how selectively tariffs are applied.; ; World Bank staff estimates using the World Integrated Trade Solution system, based on data from United Nations Conference on Trade and Development's Trade Analysis and Information System (TRAINS) database.; ;

US Tariff Impact on Market

The U.S. tariff policies on semiconductor components, including DRAM chips, have significantly impacted the global DRAM market. Tariffs, particularly on Chinese imports, have led to higher production costs for U.S. companies that rely on Chinese-manufactured DRAM.

These tariffs have increased the cost of DRAM chips, particularly for mobile phones and other electronic devices. U.S. companies that rely on Chinese suppliers for DRAM components have been forced to raise their prices or absorb higher production costs. This has resulted in increased prices for consumers and limited affordability, especially in sectors like consumer electronics and smartphones, where DRAM is a key component.

However, the demand for DRAM in mobile phones, computers, and gaming devices remains strong, ensuring continued market growth despite the tariff challenges. The U.S. tariff impact is particularly significant for the DDR SDRAM and mobile phone segments, where approximately 20-25% of the market depends on imported DRAM components.

Tariff Impact Percentage for Impacted Sector

The U.S. tariff on DRAM components has affected approximately 20-25% of the market, especially impacting sectors like mobile phones and DDR SDRAM, which heavily rely on imported DRAM chips.

US Tariff Impact Data

1. U.S. Tariff Policies: U.S. semiconductor tariffs impact DRAM production costs.
2. Impact on DRAM Prices: Tariffs lead to DRAM price increases in the U.S.
3. Sourcing Changes Due to Tariffs: Companies shift suppliers to avoid U.S. tariffs on DRAM components.

➤➤➤ Get More Detailed Insights about US Tariff Impact @ https://market.us/report/dynamic-random-access-memory/free-sample/

Economic Impact

• U.S. tariffs have increased DRAM production costs, leading to higher prices.
• Higher prices of DRAM chips may limit affordability in price-sensitive sectors like smartphones.
• The overall market remains strong, but tariff-related cost pressures could slow growth in specific segments.

Geographical Impact

• The U.S. market is facing higher prices for DRAM due to tariffs on imported semiconductor components.
• Asia-Pacific, the primary supplier of DRAM, is less affected by U.S. tariffs, maintaining its competitive edge in manufacturing.
• Europe and other regions experience moderate price increases due to tariffs but benefit from diversified supply chains.

Business Impact

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This data package includes the underlying data files to replicate the data, tables, and charts presented in Why Trump’s tariff proposals would harm working Americans, PIIE Policy Brief 24-1.

If you use the data, please cite as: Clausing, Kimberly, and Mary E. Lovely. 2024. Why Trump’s tariff proposals would harm working Americans. PIIE Policy Brief 24-1. Washington, DC: Peterson Institute for International Economics.

This data package includes the underlying data and files to replicate the calculations, charts, and tables presented in The US–China trade war and phase one agreement, PIIE Working Paper 21-2.

If you use the data, please cite as: Bown, Chad P. (2021). The US–China trade war and phase one agreement. PIIE Working Paper 21-2. Peterson Institute for International Economics.

Tariff rate, most favored nation, weighted mean, manufactured products (%) in China was reported at 3.09 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. China - Tariff rate, most favored nation, weighted mean, manufactured products - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

US Tariff Impact on Market

U.S. tariffs on Chinese-made drone components have had a notable impact on the warehouse drones system market. The tariffs have raised the cost of critical drone parts, such as sensors and cameras, which are primarily sourced from China.

As a result, manufacturers in the U.S. have faced higher production costs, which could lead to increased prices for warehouse drones. This price increase may affect the affordability and adoption of drone systems in smaller warehouses or businesses with limited budgets.

To mitigate these impacts, companies are exploring alternative suppliers outside of China or increasing domestic production to reduce reliance on imported components. The U.S. tariff impact is particularly significant for helicopter-type drones and general warehouses, which rely heavily on imported technology. The tariffs are estimated to impact 20-25% of the market, especially in segments that depend on Chinese imports.

US Tariff Impact Percentage for Impacted Sector

The U.S. tariffs are estimated to impact approximately 20-25% of the warehouse drone market, with a particular effect on helicopter-type drones and general warehouses, which heavily rely on imported components.

Sources for US Tariff Impact Data

• Tariff Impact on Drone Parts: U.S. tariffs raise the cost of warehouse drone components.
• Price Increases Due to Tariffs: Increased production costs for warehouse drones in the U.S.
• Shift in Supply Chain: U.S. companies seek alternative suppliers to avoid tariffs.

➤➤➤ Get More Detailed Insights about US Tariff Impact @ https://market.us/report/warehouse-drones-system-market/free-sample/

Economic Impact

• U.S. tariffs on drone components have led to higher production costs, making warehouse drones more expensive.
• The cost increases may limit adoption in smaller warehouses with constrained budgets.
• Despite the tariff challenges, the market continues to grow due to increasing demand for logistics efficiency.

Geographical Impact

• North America, particularly the U.S., faces higher prices due to tariffs, impacting warehouse drone affordability.
• Asia-Pacific remains largely unaffected by tariffs, continuing to supply affordable components.
• Europe is experiencing moderate impacts but benefits from diversification in its supply chain.

Business Impact

• U.S. drone manufacturers face higher costs, which could reduce pro...

Tariff rate, applied, simple mean, primary products (%) in China was reported at 6.37 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. China - Tariff rate, applied, simple mean, primary products - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

US Tariff Impact on Market

The U.S. drone market is affected by tariffs imposed on Chinese imports, which have led to higher costs for drones and drone components. In particular, the tariffs on multi-rotor drone parts, which dominate the market, have increased production costs for U.S.-based manufacturers.

As a result, drone prices have risen, making them less affordable for consumers. In response, U.S. companies have started to source parts from alternative regions or explore local manufacturing to reduce tariff-related costs. These shifts in the supply chain have sparked innovations, such as the development of cost-effective alternatives to high-priced Chinese components.

While the tariffs have led to short-term price increases, they have also prompted greater investment in the domestic drone industry, stimulating local production and technological advancements. However, the tariff impact on the consumer drone market is felt mostly in segments reliant on imported components, like multi-rotor drones used for hobbyist purposes.

Tariff Impact Percentage for Sector

The U.S. tariff on drone parts has impacted approximately 20-25% of the consumer drone market, particularly affecting multi-rotor drones and other products that rely on Chinese-manufactured components.

US Tariff Impact Data

• Tariff Effect on Drone Prices: The U.S. imposes tariffs on Chinese drone components, raising prices.
• Supply Chain Adjustments: U.S. companies are adapting to tariff impacts by sourcing locally.
• Cost Pressure on Drone Manufacturers: Drone manufacturers face increased costs due to tariffs on Chinese imports.

➤➤➤ Get More Detailed Insights about US Tariff Impact @ https://market.us/report/consumer-drone-market/free-sample/

Economic Impact

• U.S. tariffs have raised the price of consumer drones, making them less affordable.
• Increased production costs have forced companies to either absorb the costs or pass them onto consumers.
• Companies are investing in local manufacturing to mitigate the impact of tariffs.

Geographical Impact

• North America and Europe are experiencing higher retail prices due to the U.S. tariffs on Chinese imports.
• Asia Pacific faces minimal tariff impact, but may still experience supply chain disruptions due to global trade policies.
• U.S. companies are shifting their supply chains to non-tariffed regions, impacting global market dynamics.

Business Impact

• U.S. b...