Assessments

Guidance

U.S. Secretary of State Mike Pompeo meets with Chinese President Xi Jinping on June 14 in Beijing, just a day before the United States announced tariffs on $50 billion worth of Chinese imports.

When Washington issued a list of targeted Chinese products, Beijing responded with its own list of potential tariffs on U.S. goods, bringing a trade war closer to ignition.

The U.S. and China Escalate Their Trade Tiff With Tit-for-Tat Tariffs

Washington has finalized its list of 818 Chinese products it will hit with import tariffs, and China has already responded by announcing its own list of potential tariffs.

The U.S. and China Go Tit-For-Tat on Tariffs

United States

China

Economics

Globalization

China in Transition

The latest exchange of tariffs between the United States and China has increased the risk of a full-blown trade war that would have wide-ranging effects on the global economy. After the White House announced June 15 that the United States would move forward with 25 percent tariffs on $50 billion worth of Chinese imports, China announced reciprocal tariffs on an equivalent amount of U.S. goods.

GUIDANCE

The U.S. and China Escalate Their Trade Tiff With Tit-for-Tat Tariffs