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Yahoo
7 minutes ago
- Yahoo
Factbox-Breakdown of U.S. tariffs on China since Trump's first term
BEIJING (Reuters) -Billions of dollars of Chinese goods have been impacted by additional U.S. tariffs since 2018, initially under the first Donald Trump presidency and later under the Biden administration. Returning to the White House this year, Trump has imposed even more duties on China. The U.S. tariffs range from those imposed under Section 301 of its trade act due to what Washington claims are unfair Chinese trade practices, to duties under Section 232 levied for national security reasons. This year, Trump has imposed another 20% levies on all Chinese goods, saying Beijing has not done enough to stop the flow of fentanyl into the United States. So-called reciprocal tariffs, under which the U.S. will match duties imposed by other countries, have also been levied in a bid to rebalance trade flows. Below are the U.S. tariffs on China effective as of June 12, 2025: Tariff Rate Products Effective date Reciprocal 10% All Paused for 90 days until Aug 10, 2025 Fentanyl 20% All Mar 4, 2025 Section Up to List 1: Pharmaceuticals, July 6, 2018 301 25% iron and steel, aluminium, vehicles and aircraft, medical or surgical instruments and apparatus and more. List 2: Vehicles, Aug 23, 2018 railway or tramway locomotives, aircraft and their parts, medical or surgical instruments and apparatus and more. List 3: Prepared May 10, 2019 foodstuffs, beverages, mineral products, fertilizers, wood products, textiles, precious and base metals, vehicles, aircraft, vessels, machinery and mechanical appliances and more. List 4A: Prepared Feb 14, 2020 foodstuffs, beverages, mineral products, fertilizers, footwear, wood products, ceramic products, glass, textiles, precious and base metals, machinery and mechanical appliances, vehicles, aircraft, vessels, art, antiques and more. In September 2019, the U.S. imposed 15% tariffs on more than $120 billion of Chinese goods under Section 301, which it then halved to 7.5% less than six months later. The 25% U.S. tariffs on $250 billion of Chinese goods under the earlier List 1-3 remain unchanged. In September 2024, the U.S. Trade Representative under the Biden administration announced additional tariffs of 25-100% on 14 product groups following a four-year review of the Section 301 tariff actions. The levies were imposed on strategic Chinese sectors or sectors where the United States has made significant domestic investments. Additional tariffs on goods under Section 301: Effective date EVs 100% Sep 27, 2024 Solar cells, syringes and 50% needles Non-lithium-ion battery parts, 25% lithium-ion electrical vehicle batteries, other critical minerals, ship-to-shore cranes, steel and aluminium products, facemasks Semiconductors 50% Jan 1, 2025 Lithium-ion non-electrical 25% Jan 1, 2026 vehicle batteries, medical gloves, natural graphite, permanent magnets In addition to the above duties, the first Trump administration in 2018 imposed a range of tariffs under Section 232 aimed at restricting goods deemed a threat to national security, including all aluminium and steel imports, shutting most Chinese suppliers out of the U.S. market. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
18 minutes ago
- Associated Press
Protests over immigration raids pop up across the US with more planned
The Associated Press is an independent global news organization dedicated to factual reporting. Founded in 1846, AP today remains the most trusted source of fast, accurate, unbiased news in all formats and the essential provider of the technology and services vital to the news business. More than half the world's population sees AP journalism every day.
Associated Press
18 minutes ago
- Associated Press
Officers on horseback in Los Angeles charge toward protesters
The Associated Press is an independent global news organization dedicated to factual reporting. Founded in 1846, AP today remains the most trusted source of fast, accurate, unbiased news in all formats and the essential provider of the technology and services vital to the news business. More than half the world's population sees AP journalism every day.
