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[10] [11] China implemented retaliatory tariffs equivalent to the $34 billion tariff imposed on it by the U.S. [12] In July 2018, the Trump administration announced it would use a Great Depression-era program, the Commodity Credit Corporation (CCC), to pay farmers up to $12 billion, increasing the aid to $28 billion in May 2019. [13]
Jan. 22: U.S. President Donald Trump imposes tariffs on all imported washing machines and solar panels, including from China. April 2: China imposes tariffs of up to 25% on 128 U.S. products ...
Since winning the election, Trump has promised to put a new 25% tariff on all products coming from Mexico and Canada, as well as raise tariffs on Chinese-made goods by 10%, on the first day of his ...
Trump also implemented trade protectionism via tariffs, primarily on imports from China. [1] During Trump's first three years in office, the number of Americans without health insurance increased by 4.6 million (16%), [8] [9] while his tax cuts favored the top earners, and failed to deliver on its promises [10] worsened income inequality and ...
The US-China trade war began in July 2018 under the administration of then-US president Donald Trump, eventually leading to tariffs on about US$550 billion worth of Chinese goods and US$185 ...
CHINA: Trump called a conversation he had with Chinese President Xi Jinping "friendly", but has continued to threaten tariffs against China. In Trump's first term, the two countries engaged in a ...
An economic conflict between China and the United States has been ongoing since January 2018, when U.S. president Donald Trump began setting tariffs and other trade barriers on China with the goal of forcing it to make changes to what the U.S. says are longstanding unfair trade practices and intellectual property theft. [1]
He followed up in 2018 with “significant tariffs” on Chinese goods — including smart watches, ... “The 2018-to-2019 trade war was immensely damaging, and [Trump’s universal tariff plan] ...