China's Tariffs on US Goods

Timeline label

China's Tariffs on US Goods

Image caption

China's average tariff rate is climbing on US goods and falling for the rest of the world
The United States has made it abundantly clear that it views China as a major threat to the US economy. As such, there were many strict tariffs imposed on Chinese goods under the Trump administration in an attempt to force the Chinese people to submit to American will. However, instead China decided to place growing tariffs on american goods, cutting into the US economy’s revenue wherever possible. As the Chinese economy has grown so rapidly, it now has the ability to push back when Western nations challenge it.
美国已经清楚表示,美国认为中国视为对美国经济的威胁。因此,特朗普总统对中国商品征收了许多高额关税,因为他试图让中国同意做美国想做的任何事情。相反,中国决定对美国商品征收更高的关税,这对美国经济产生了重大影响。中国的经济增长使其能抵抗西方国家。

Timeline date

2018

Creator

Chad P. Bown

Contributor

Sources: Updates on August 23, 2019, from Brown, Jung, and Zhang (2019). Constructed by the author with data from Trade Map and Market Access Map (International Trade Center, marketanalysis.intracen.org) and China's Ministry of Finance's announcements

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