THE BIG ONE: Trump slams China with tariffs on $200 billion worth of goods, taking the trade war to the next level

pulse

September 17, 2018 8:31 PM

President Donald Trump imposed tariffs on another $200 billion worth of Chinese goods, taking the US-China trade war to a whole new level. China is expected to respond with their own tariffs on US goods.

US-China trade war

the US-China trade war

$50 billion of Chinese goods

on $60 billion worth of US goods 85% and 95% of American imports

the initial list released in July

the Treasury Department's recent overtures reportedly decline further talks

tariffs will prompt an increase in prices US businesses and consumers harming the broader economy

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

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