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<Review>SPDB Int'l Lists Key Events in CN-US Trade Relations Since Trump's Return (Table)
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Timeline | CN-US Tariff Events Feb 1 | US: Donald Trump announced a 10% tariff hike on Chinese imports, effective Feb 4. Feb 4 | China: China announced additional tariffs on US coal, liquefied natural gas, crude oil, and some automobiles, effective Feb 10. Mar 4 | US: Trump announced another 10% tariff increase on Chinese imports, effective immediately. Mar 4 | China: China announced additional tariffs of 10-15% on US agricultural imports, effective Mar 10. Apr 2 | US: Trump announced reciprocal tariffs, adding another 34% on Chinese imports, effective Apr 9. Apr 4 | China: China announced a 34% additional tariff on US agricultural imports, effective Apr 10. Apr 9 | US: The US raised the reciprocal tariffs to 84%, marking an increase of 104% starting this year. Apr 9 | China: China slapped another 50% tariff on all US goods. Apr 10 | US: The US raised the reciprocal tariffs to 125%, marking an increase of 145% starting this year. Apr 11 | US: The US temporarily exempted smartphones and computers from reciprocal tariffs. Apr 11 | China: China retaliated by raising the reciprocal tariffs to 125% and stated that it would no longer respond to further US tariff hikes. May 12 | China: Both sides issued a joint statement to mutually reduce tariffs and grant a 90-day truce on the 24% reciprocal tariffs. Jun 10-11 | US: Trump said after the second round of talks that tariffs on China would remain at 55%. Jul 3 | US: The US lifted export license requirements for chip design software and ethane going to China. Jul 3 | China: China resumed rare earth exports to the US. Jul 28-29 | US: The US announced a 90-day extension of the tariff truce after the third round of talks with China. Sep 14-15 | China: Both sides reached a basic framework consensus on TikTok ownership issues after the fourth round of talks. Sep 29 | US: The Bureau of Industry and Security enacted a new rule to expand export bans to subsidiaries 50% or more owned by companies on the Entity List, forcing far more companies to apply for licenses. Sep 29 | China: In response, China announced a special port service fee on US vessels starting Oct 14. Oct 3 | US: The US announced that port fees would be charged on Chinese-owned, Chinese-operated, and China-built vessels from Oct 14 onward. Oct 3 | China: In response, China announced on Oct 10 that US vessels would need to pay a special port service fee starting Oct 14. Oct 9 | US: In response, Trump announced a 100% additional tariff on Chinese goods effective Nov 1. Oct 9 | China: China announced tighter export controls on rare earth-related items. Oct 14 | China: China decided to add five US-related subsidiaries of Hanwha Ocean to its countermeasure list. Oct 24-27 | US: The fifth round of talks produced consensus on several trade issues, suggesting that the 100% additional tariff might not be implemented. Oct 30 | China and US: The two heads of state met and agreed to suspend export controls and reciprocal tariffs for one year. The US canceled the 10% fentanyl tariff and put Section 301 investigations into the maritime, logistics, and shipbuilding sectors on hold for one year. Sources: SPDB International, news compilation AAStocks Financial News |
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