Feb 1, US: Pronounces an extra 10 per cent tariff on all imports from China over its alleged function within the fentanyl provide chain.
Feb 4, China: Retaliates with a package deal of tariffs on a variety of US merchandise – 10 per cent levies on crude oil, farm gear, large-displacement automobiles and pickup vans, and 15 per cent on coal and liquefied pure fuel (LNG).
Mar 4, US: Doubles the tariff on China to twenty per cent.
Mar 4, China: Responds with an extra 15 per cent tariff on US rooster, wheat, corn and cotton in addition to an additional 10 per cent levy on soybeans, sorghum, pork, beef, aquatic merchandise, fruit and veggies and dairy imports.
Apr 2, US: Trump’s so-called “Liberation Day” when he declares an extra 34 per cent obligation on Chinese language imports as a part of his slew of “reciprocal” tariffs. The reciprocal tariff comes on high of the sooner 20 per cent levy.
Apr 4, China: Matches the US’ new reciprocal tariff by saying an additional 34 per cent duty on all US imports.
Apr 7, US: Threatens to lift the reciprocal tariffs on China to 104 per cent if it doesn’t withdraw the 34 per cent levy.
Apr 9, US: Follows by with the risk, and the upper tariffs kick in.
Apr 9, China: Hits again by elevating its earlier 34 per cent levy on US items to 84 per cent.
Apr 9, US: Responds by elevating the reciprocal tariffs on China additional to 125 per cent later within the day. (That is on high of the 20 per cent tariff the US introduced on Mar 4)
Apr 11, China: Retaliates by elevating the additional tariff on US imports to 125 per cent as nicely.
