Trump Raises Tariffs On $200 Billion Worth Of Imported Goods From China From 10% To 25%

 In Economy, Government Regulations, International Relations   Last Updated: May 19, 2019

On September 24, 2018, 10% tariffs were levied on $200 billion in Chinese products being imported to the United States.  The Trump Administration also imposed 25% tariffs on an additional $50 billion worth of Chinese products (around 1,300 different products) in April of 2018.

On Friday May 10, 2019, the Trump Administration raised the 10% tariffs to 25%.

The trade war quickly escalated, with the Chinese government announcing plans for tariffs on $60 billion of U.S. imports in retaliation.  “Trump, meanwhile, began the process of expanding U.S. tariffs to cover all $540 billion in Chinese imports.”

 

 

"Sherisse Pham." CNN, 10 May 2019. Web. 19 May 2019.
David J. Lynch , Taylor Telford , Damian Paletta and Gerry Shih. "U.S. prepares to slap tariffs on remaining Chinese imports, which could add levies on roughly $300 billion in additional goods." Washington Post, 13 May 2019. Web. 19 May 2019.
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