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He did impose tariffs on imports from China. https://en.wikipedia.org/wiki/China%E2%80%93United_States_trade_war https://en.wikipedia.org/wiki/China%E2%80%93Un
by lysace 2y ago
He did impose tariffs on imports from China.
https://en.wikipedia.org/wiki/China%E2%80%93United_States_trade_war https://en.wikipedia.org/wiki/China%E2%80%93United_States_tr...
China–United States trade war
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.
- duxup 2y agoThat reads like token efforts and then he just moved on ... quit on the whole thing.
- lysace 2y agoBy late 2019, the United States had imposed approximately US$350 billion in tariffs on Chinese imports, while China had imposed approximately US$100 billion on US exports. Then the Biden admin happened. The Joe Biden administration kept the tariffs in place and added additional levies on Chinese goods such as electric vehicles and solar panels. In 2024, the Trump presidential campaign proposed a 60 percent tariff on Chinese goods. It will be interesting to see what happens. 60% all at once would be too disruptive, I think.
- duxup 2y agoTrade conflicts all seem like a test of wills. But if you're not testing, you're not doing anything.
- throwawaymaths 2y agoWell Biden put Catherine Tai in as the chief trade negotiator, who has been hard on China. Tariffs were expanded. And the de minimis exemption was rescinded in august. So hardly "nothing further".
- lysace 2y agoSorry - just edited away the "nothing further" part as it was incorrect - a minute before reading your comment.
- throwawaymaths 2y agoNo worries! Thanks for the correction
- anon84873628 2y agoLet's not forget pulling out of the TPP, which likely empowered China. https://www.cato.org/blog/5-years-later-united-states-still-paying-tpp-blunder https://www.cato.org/blog/5-years-later-united-states-still-...