- China, on Monday, accused the US of being a trade bully and attacked the "protectionist" practices of the Trump administration, hours after a new round of tariffs against went into effect.
- China canceled trade talks with the US that were planned for the coming days.
- Watch
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Chinese tech stocks are getting slammed after China accused the US as a trade bully and canceled trade negotiations (NIO, JD, IQ, PDD, BIDU, BABA)
China accused US of being a trade bully and attacked the "protectionist" practices of the Trump administration on Monday, hours after a new round of tariffs went into effect. China canceled trade talks with the US that were planned for the coming days.
said it won't heading to the negotiating table if the Trump administration continues its threat of higher tariffs.
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Heres a timeline of the US-China trade war so far:
- March 1:
- tariffs on all imports of steel and aluminum
- March 22:
- announces plans
- China announces tariffs
- April 3:
- announces a list of Chinese goods
- April 4:
- rolls out a list
- May 21:
- announce the outline of a trade deal
- May 29:
- will move forward
- June 15:
- final list of goods subject to new tariffs
- China retaliates
- June 18:
- threatens a 10% tariff
- July 6:
- tariffs on $34 billion worth of Chinese goods
- China responds in kind
- July 10:
- US releases an initial list
- August 1:
- doubles the value of its tariff threats
- August 3:
- says it will impose tariffs
- August 7:
- August 23:
- US imposes tariffs
- September 7:
- threatens to impose tariffs
- September 17:
- September 18:
- September 24:
- s new round of tariffs against China on $200 billion worth of imports went into effect.
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