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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]
In 2018, during his first term, Trump initiated a brutal two-year trade war with China over its massive U.S. trade surplus, with tariffs imposed by both sides on hundreds of billions of dollars ...
During Trump's first term, he started a two-year trade war with China over its massive U.S. trade surplus, with each side imposing tariffs on hundreds of billions of dollars worth of goods ...
This article appears in the February/March 2025 Asia issue of Fortune with the headline "Trump’s first trade war caused U.S. firms to flee China. Now comes round 2." Now comes round 2." This ...
The increased tit-for-tat tariff announcements stoked fears that the two countries are inching closer to a trade war. [141] [142] [143] On April 4, 2018, President Trump responded to speculation tweeting: "We are not in a trade war with China, that war was lost many years ago by the foolish, or incompetent, people who represented the U.S. Now ...
Trump has long promoted import tariffs as a method of negotiating deals and retaliating against countries he believes are "ripping off" the United States. After being reelected to a second term beginning in 2025, Trump resumed a trade war with China and threatened a second one with Canada and Mexico. Trump announced direct tariffs on Mexico and ...
There’s also lingering concern that the US won’t just face a one-way trade war with China, but rather a three-way war. That could happen if Trump ends up following through with 25% tariffs on ...
Trump initiated the trade war with China in his first term because of China's massive U.S. trade surplus. It fit with his "America First" agenda. The resulting tit-for-tat tariffs on hundreds of ...