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.
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.
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.
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Explore how U.S. coal exports to India rise as China imposes tariffs, reshaping global energy trade dynamics.
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.
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.
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.
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The US's new 25% tariff on steel imports raises concerns about potential global trade disruptions, as expressed by the China Iron and Steel Association.
Tariffs have long been central tool in global trade policy. Learn how tariffs affect critical US industries, and how businesses are navigating their impacts.
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Discover the potential effects of China's new tariffs on US soybean exports, as shipments race against the clock to reach their destination before the additional duties are enforced.
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Explore the effects of U.S. anti-dumping tariffs on Chinese-made golf carts, leading to a production shift to the U.S., reshaping industry dynamics.
This statistic shows the results of a survey conducted among American companies in China on the perceived impact on their businesses of the U.S.-China trade tariffs as of September 2018. During the survey period, 38.2 percent of the surveyed American companies in China responded that the second round of 60 billion U.S. dollars tariffs imposed by China on the U.S. imports had a strong negative impact on their business.
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 statistic shows the results of a survey conducted among American companies in China on the perceived impact on their businesses of the U.S.-China trade tariffs as of September 2018. During the survey period, 47.1 percent of the surveyed American companies in China responded that the combined U.S.-China trade tariffs increased their cost of manufacturing.
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The Chinese steel industry faces mounting challenges as new tariffs and trade tensions, enforced by global markets including the U.S., Vietnam, and South Korea, alter the landscape of international steel exports.
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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Beijing raises tariffs on US farm goods, intensifying trade conflict with a focus on soybeans and other key exports.
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Tariff structure, intermediate goods, and China-U.S. trade friction is a book. It was written by Haichao Fan and published by Routledge in 2021.
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The U.S. investigates imposing additional tariffs on Chinese semiconductors to support local manufacturers amidst China's industry expansion.
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North American graphite producers seek a 920% tariff on Chinese imports to curb China's market dominance and bolster domestic resources for electric vehicles and electronics manufacturing.
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.