According to estimates, President Trump's proposals to impose universal tariffs as well as tariffs on Chinese, Canadian, and Mexican imports would considerably increase the average tariff rate. If Trump's proposals go into effect, it is estimated that the average tariff rate of all imports would almost triple, marking the highest rate in the United States since 1969.
President Trump's proposals to impose universal tariffs as well as tariffs on Chinese, Canadian, and Mexican imports would considerably increase the average tariff rate. It's estimated that, if put into effect, the average tariff rate including dutiable imports would reach almost 18 percent, up from two percent in 2024. Tariff rates are higher when dutiable imports are included because they refer only to goods that are actually subject to tariffs, rather than all imports. This skews the average tariff rate upward because it excludes duty-free goods. Trump's proposal for a universal 10 percent tariff on all imports would impose a flat tax on all imports, rather than just dutiable goods. This would result in a sharp increase in the overall tariff burden because previously duty-free goods would be taxed.
On September 1, 2019, the United States imposed import tariffs on 112 billion U.S. dollars worth of Chinese goods, such as footwear, food products, and some home electronics. A trade war between the world's two largest economies was initiated by president Trump in mid-2018 and escalated further throughout 2019.
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Tariff rate, most favored nation, weighted mean, all products (%) in China was reported at 3.12 % 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 March of 2025.
On September 1, 2019, China imposed additional tariffs on 75 billion U.S. dollars worth of the U.S. import goods. A trade war between the world's two largest economies was initiated by president Trump in mid-2018 and escalated further throughout 2019.
This data package includes the underlying data and files to replicate the calculations, charts, and tables presented in The 2018 US-China Trade Conflict after 40 Years of Special Protection, PIIE Working paper 19-7.
If you use the data, please cite as: Bown, Chad P. (2019). The 2018 US-China Trade Conflict after 40 Years of Special Protection. PIIE Working paper 19-7. Peterson Institute for International Economics.
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.
In 2023, Chinese exports of trade goods to the United States amounted to about 427.23 billion U.S. dollars; a significant increase from 1985 levels, when imports from China amounted to about 3.86 billion U.S. dollars. U.S. exports to China Compared to U.S. imports from China, the value of U.S. exports to China in 2020 amounted to 427.23billion U.S. dollars. China is the United States’ largest trading partner, while China was the United States third largest goods export market. Some of the leading exports to China in the agricultural sector included soybeans, cotton, and pork products. Texas was the leading state that exported to China in 2020 based on total value of goods exports, at 16.9 billion U.S. dollars. U.S. - China trade war The trade war between the United States and China is an economic conflict between two of the world’s largest national economies. It started in 2018 when U.S. President Donald Trump started putting tariffs and trade barriers on China, with the intent to get China to conform to Trump’s wishes. President Trump claimed that China has unfair trade businesses. As a result of this trade war, it has caused a lot of tension between the U.S. and China. Nearly half of American companies impacted by the U.S.-China trade tariffs said that the trade war increased their cost of manufacturing. The healthcare product industry has suffered the most from the trade war in regards to reduced profits.
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License information was derived automatically
Share of tariff lines with international peaks, all products (%) in China was reported at 2.2722 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. China - Share of tariff lines with international peaks, all products - actual values, historical data, forecasts and projections were sourced from the World Bank on March of 2025.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
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Imports in China increased to 369.43 USD Billion in February from 230.79 USD Billion in December of 2024. This dataset provides - China Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news.
This statistic shows the United States goods trade deficit with China from 2014 to 2024. In 2024, the value of U.S. imports from China exceeded the exports to China by around 295.4 billion U.S. dollars.
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.
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Germany Imports from China of Aluminum was US$679.96 Million during 2024, according to the United Nations COMTRADE database on international trade. Germany Imports from China of Aluminum - data, historical chart and statistics - was last updated on March of 2025.
This graph illustrates the percentage of U.S. steel imports from selected countries that are predicted to become subject to trade laws if the Trump administration follows through on its "100 day" action plan as of 2017. In this scenario, the percentage of U.S. steel imports from China covered by such trade restrictions is expected to amount to about 1.3 percent. Previously, the United States had already put a stop to a large part of the potential steel imports from China through antidumping trade restrictions. Across all industries, some 9.2 percent of Chinese exports to the United States were subject to barriers such as antidumping and countervailing duties as of 2016.
In 2024, China lifted the high tariffs on imports of Australian wine. That year, wine imports from Australia to China skyrocketed from 3.48 million U.S. dollars to 587.57 U.S. dollars. Meanwhile, Australia's total wine export value increased by more than 412 U.S. dollars compared to the previous year.
Techsalerator’s Import/Export Trade Data for Asia
Techsalerator’s Import/Export Trade Data for Asia offers a comprehensive and detailed examination of trade activities across the Asian continent. This extensive dataset provides deep insights into import and export transactions involving companies across various sectors throughout Asia.
Coverage Across All Asian Countries
The dataset encompasses a broad range of countries within Asia, including:
Central Asia:
Kazakhstan Kyrgyzstan Tajikistan Turkmenistan Uzbekistan East Asia:
China Hong Kong Japan Mongolia North Korea South Korea Taiwan Southeast Asia:
Brunei Cambodia East Timor (Timor-Leste) Indonesia Laos Malaysia Myanmar (Burma) Philippines Singapore Thailand Vietnam South Asia:
Afghanistan Bangladesh Bhutan India Maldives Nepal Pakistan Sri Lanka West Asia (Middle East):
Armenia Azerbaijan Bahrain Cyprus Georgia Iran Iraq Israel Jordan Kuwait Lebanon Oman Palestine Qatar Saudi Arabia Syria Turkey United Arab Emirates Yemen Comprehensive Data Features
Transaction Details: The dataset includes detailed information on individual trade transactions, such as product descriptions, quantities, values, and dates. This level of detail allows for accurate tracking and analysis of trade patterns across Asia.
Company Information: It provides insights into the companies involved in trade, including their names, locations, and industry sectors. This information supports targeted market analysis and competitive intelligence.
Categorization: Transactions are categorized by industry sectors, product types, and trade partners, helping users understand market dynamics and sector-specific trends across diverse Asian economies.
Trade Trends: Historical data is available to analyze trade trends, identify emerging markets, and assess the impact of economic or geopolitical events on trade flows within the region.
Geographical Insights: Users can explore regional trade flows and cross-border dynamics between Asian countries and their global trade partners, including major trading nations outside the continent.
Regulatory and Compliance Data: Information on trade regulations, tariffs, and compliance requirements is included, assisting businesses in navigating the complex regulatory environments across different Asian countries.
Applications and Benefits
Market Research: Businesses can use the data to identify new market opportunities, assess competitive landscapes, and understand consumer demand across various Asian countries.
Strategic Planning: Companies can leverage insights from the data to refine trade strategies, optimize supply chains, and manage risks associated with international trade in Asia.
Economic Analysis: Analysts and policymakers can monitor economic performance, evaluate trade balances, and make informed decisions on trade policies and economic development initiatives.
Investment Decisions: Investors can assess trade trends and market potentials to make informed decisions about investments in Asia’s diverse and rapidly evolving markets.
Techsalerator’s Import/Export Trade Data for Asia provides a vital resource for organizations involved in international trade, offering a detailed, reliable, and expansive view of trade activities across the Asian continent.
The U.S. goods trade deficit with China increased by nearly 20 billion U.S. dollars in 2024, as China still had the biggest impact on U.S. bilateral trade. This is according to seasonally adjusted trade date from within the United States. Following the results of the U.S. elections in 2024, discussions surfaced on the potential of tariffs for countries that have a large trade surplus with the United States. The president-elect stated that trade tariffs of 60 percent and 25 percent might be implemented for goods from China or Mexico, respectively. The effects of such measures on the forecast GDP growth across the world were not yet clear. In Europe, however, Germany might be the most affected economy when the U.S. does implement tariffs.
The United States imported about 4.8 million metric tons of aluminum for consumption in 2024. Meanwhile, the apparent consumption of aluminum totaled about 4.3 million metric tons. Canada is one of the largest aluminum exporters to the United States. A large majority of Canada’s primary aluminum is exported to the United States as an important part for the United States’ manufacturing industries. Aluminum consumption Aluminum, also spelled aluminium in British English, is one of the most consumed metals in the world. The demand for aluminum continues to grow as consumers turn to technological solutions for a variety of needs such as more efficient vehicles or sustainable packaging. Aluminum tariffs In 2018, a 10 percent tariff on aluminum imports into the United States was established under the Trade Expansion Act of 1962. In response, China imposed a 25 percent tariff on aluminum scrap imports from the United States. The United States lifted sanctions on one of the largest aluminum manufacturers in Russia, Russal, in 2019. China and Russia are two of the three largest producers of aluminum in the world.
In 2023, Mexico was the top trading partner of the United States based on import value. In that year, U.S. imports from Mexico totaled to 475.6 billion U.S. dollars. China and Canada rounded out the top three as these countries continue to enjoy a close trading relationship under the United States-Mexico-Canada trade agreement. Germany and Japan were also high on the list, both providing the U.S. with over 140 billion dollars worth of imports in 2023.
According to estimates, President Trump's proposals to impose universal tariffs as well as tariffs on Chinese, Canadian, and Mexican imports would considerably increase the average tariff rate. If Trump's proposals go into effect, it is estimated that the average tariff rate of all imports would almost triple, marking the highest rate in the United States since 1969.