Last updated on: 12/9/2019 7:40:46 AM PST
Should the Tariffs Imposed on China by President Trump Be Maintained?
In July 2018, the Trump administration imposed tariffs (essentially taxes on a certain type of import or export) on industrial components and technology products from China. Beijing reacted with higher tariffs on US farm goods, which caused the Trump administration to enact and threaten to enact even more tariffs, which would affect most Chinese imports to the United States by 2020. The first round of tariffs in July and Aug 2018 included $50 billion of Chinese products including semiconductors, industrial components, and machinery. Tariffs were expanded and increased in Sep. 2018, May 2019, and Sep. 2019. A proposed increase in Oct. 2019 was canceled.
Source: Reuters, "Explainer: What a Roll-Back of Trump Tariffs on Chinese Goods May Look Like," reuters.com, Nov. 11, 2019
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