"In 2018 and 2019, the US raised tariffs on imports from China. It also raised tariffs on a subset of products from other countries, mainly in machinery and metals. China retaliated and imposed tariffs on imports from the US. At the same time, it also lowered tariffs on imports from the rest of the world."

  • Quote

Name

"In 2018 and 2019, the US raised tariffs on imports from China. It also raised tariffs on a subset of products from other countries, mainly in machinery and metals. China retaliated and imposed tariffs on imports from the US. At the same time, it also lowered tariffs on imports from the rest of the world."

Types

Quote

Source

National Bureau of Economic Research

Source URL

https://www.nber.org/digest/202204/how-us-china-trade-war-affected-rest-world

Referenced by

Trade tensions between the U.S. and China could lead to retaliatory measures against American businesses operating in China

US Politics

Claim