If announced in early december the tariffs would

  • No School
  • AA 1
  • 24

This preview shows page 17 - 20 out of 24 pages.

US$257 worth of Chinese goods. If announced in early December, the tariffs would likely take effect in February 2019. Day 112: October 25, 2018 – US and China officials resume contact US and China working-level officials reportedly resume contact after weeks of silence. The officials are reportedly preparing for Trump and Xi to meet on the sidelines of November’s G20 meetings in Argentina.
Image of page 17

Subscribe to view the full document.

Day 81: September 24, 2018 – US and China implement third round of tariffs US: The US implements tariffs on US$200 billion worth of Chinese goods ( List 3 ), bringing the total amount to US$250 billion. The tariffs carry an initial rate of 10 percent, and will be increased to 25 percent by January 1, 2019. The full and finalized List 3 can be found here . CN: China responds to US tariffs by implementing tariffs on US$60 billion worth of US goods ( List 3 ). List 3 , originally published on August 3, can be found here , but with updated tariff rates of either five percent or 10 percent, as announced here . China also released a White Paper, laying out the government’s official position on the US-China trade relationship. The White Paper can be accessed here . Day 79: September 22, 2018 – China cancels trade talks with US China cancels trade talks planned with the US ahead of the impending implementation of US tariffs on US$200 billion worth of Chinese goods ( List 3 ). Day 75: September 18, 2018 – China announces retaliation for US tariffs China announces that it will implement tariffs on US$60 billion worth of US goods ( List 3 ) after the latest round of tariffs from the US (worth US$200 billion) go into effect on September 24. Day 74: September 17, 2018 – US finalizes tariffs on US$200 billion of Chinese goods The USTR announces the finalized list of tariffs on US$200 billion worth of Chinese goods ( List 3 ). The US says that the tariffs will go into effect on September 24 at an initial rate of 10 percent, to be increased to 25 percent by January 1, 2019. The full and finalized List 3 can be found here . RELATED NEWS
Image of page 18
The US-China Trade War: Three Scenarios Day 69: September 12, 2018 – US invites China to re-open negotiations The White House’s top economic advisor, Larry Kudlow, says that the US has invited China to restart trade negotiations before tariffs on US$200 billion worth of Chinese goods ( List 3 ) go into effect. Day 64: September 7, 2018 – Trump threatens new tariffs After the public comment period for List 3 of US tariffs on Chinese products ended on September 6, 2018, Trump threatens to impose tariffs on US$267 billion more. That would bring the total amount of tariffs threatened or imposed by the US on China to US$517 billion, accounting for essentially all Chinese exports to the US. In 2017, the US imported US$505 billion worth of products from China. Day 49: August 23, 2018 – US and China implement second round of tariffs, China files second WTO complaint US : US implements a 25 percent tariff on 279 goods originating from China (worth US$16 billion). Goods targeted include: semiconductors, chemicals, plastics, motorbikes and electric scooters. The full and finalized List 2 can be found here .
Image of page 19

Subscribe to view the full document.

Image of page 20
  • Fall '19

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern

Ask Expert Tutors You can ask 0 bonus questions You can ask 0 questions (0 expire soon) You can ask 0 questions (will expire )
Answers in as fast as 15 minutes