Last news in Fakti

The US-China trade war: how did it get here?

US President Donald Trump has imposed a series of tariffs on billions of dollars worth of imports against his main economic rival

Dec 3, 2025 19:03 437

The US-China trade war: how did it get here?  - 1

US President Donald Trump has imposed a series of tariffs on billions of dollars worth of imports against his main economic rival - China, in an attempt to reduce the trade deficit, restore lost production and paralyze the trade in fentanyl, writes "Reuters".

Here are the key events this year in the US-China trade war, in reverse chronological order:

November 11 - China says it will continue to expand access and investment opportunities for American companies, especially in the services sector.

November 10 - China suspends port fees imposed on US-bound ships for a year, as well as sanctions on US subsidiaries of South Korean shipbuilder Hanwha Ocean, after Washington suspended punitive measures stemming from its Section 301 investigations into maritime, logistics and China's shipbuilding sector.

China revises its drug precursors list and will require licenses for exports of certain chemicals to the United States, Canada and Mexico. The FBI director visited China to discuss fentanyl and law enforcement issues.

November 9 - China lifts a ban on exports of gallium, germanium and antimony to the United States, although these metals remain on a dual-use export control list requiring shippers to obtain licenses from Beijing.

November 7 - China lifts restrictions imposed on October 9, including expanded restrictions on certain equipment, lithium battery materials and superhard materials. Beijing is also beginning to form a new licensing regime for rare earth elements, which could potentially speed up supplies.

China says it will restore soybean import licenses for three US companies and lift a suspension on US lumber imports, effective November 10.

November 6 - China begins modest purchases of US agricultural products. China's COFCO holds soybean supply contract signing ceremony.

November 5 - Beijing lifts retaliatory tariffs on U.S. imports from November 10, including agricultural tariffs of up to 15%, but maintains a 10% tariff, countering Trump's "Liberation Day" tariffs.

OpenAI, the maker of ChatGPT, signs a $38 billion deal to buy cloud services from Amazon.

U.S. soybean imports are still subject to a 13% tariff, but China will remove restrictions on U.S. fiber optic imports and ease measures for U.S. businesses.

October 14 - Both countries begin collecting additional port fees from their ships, but Beijing exempts ships built in China from this. The country imposes sanctions on five US-linked units of Hanwha Ocean as a threat to its security and sovereignty.

October 12-13 - China calls new US tariffs hypocritical, but Besant says plans for Trump-Xi meeting remain on track.

October 10 - Trump announces additional 100% tariffs on imports from China and new export controls on "all critical software" from November 1, while threatening export controls on Boeing aircraft parts in response to China's restrictions on rare earth exports.

No reason to meet with Xi, Trump says, but doesn't cancel plans.

China launches antitrust probe of U.S. chipmaker Qualcomm over its purchase of Israeli chip developer Autotalks.

China imposes port fees on U.S.-bound ships from October 14 in response to similar U.S. fees on China-bound ships.

October 9 - China expands export controls on rare earths from November 8 to include five more medium-to-heavy elements and tightens controls on semiconductor users, tightening its control and dominance over the critical minerals.

The United States plans to ban Chinese airlines from flying over Russia on U.S. routes because they are unprofitable for U.S. carriers.

October 1 - Soybeans will be a major topic of conversation with Xi, Trump says, calling sharply reduced purchases of oilseeds from China a negotiating tactic.

September 30 - Greer says tariffs of about 55% on Chinese imports are a "good" status quo, but the United States would like to see more free trade.

September 24 - Besant says chemicals, aircraft engines and parts offer key U.S. advantage in talks with China.

September 21 - Visiting U.S. lawmakers tell Premier Li Keqiang that China and the United States need to strengthen their ties.

September 19 - Trump and Xi hold a phone call, during which Trump says they have made progress on the TikTok deal and agreed to meet in person to discuss trade, illegal drugs, and the war in Ukraine. China welcomes TikTok trade talks.

September 15 - The two countries reach a framework agreement to transfer TikTok to Washington's control, with the US pledging to refrain from further tariffs on Chinese goods over Russian oil imports unless European tariffs are imposed first.

September 14 - The fourth round of talks in Madrid, led by Besant and Chinese leader He, discusses trade and the deadline for the sale of TikTok - September 17.

August 11 - The two countries extend the tariff truce for another 90 days.

August 10 - The trade truce expires on August 12 and Trump calls on China to quadruple its purchases of US soybeans.

August 8 - The United States lifts an April ban to begin issuing licenses to Nvidia to export advanced H20 artificial intelligence chips to China as part of the rare earths talks. elements.

July 28-29 - U.S. and Chinese officials agree to seek a 90-day extension of a truce on tariffs after two days of talks in Stockholm, although they fail to make a significant breakthrough.

June 27 - Besant says the two sides are resolving issues with rare earth minerals and magnets destined for the United States.

June 9-12 - A framework agreement is reached in the London round of talks, while some Chinese rare earth magnet manufacturers begin receiving export licenses. Trump says the trade truce is back on track.

June 5 - Xi and Trump hold an hour-long phone call.

May 31 - Trump says China has violated the Geneva Agreement on the Reciprocal Elimination of Tariffs and the Easing of Export Restrictions on Critical Minerals. China rejects this claim, accusing the US of "discriminatory restrictive" restrictions.

May 28-29 - The United States threatens to revoke visas for Chinese students while ordering some companies to stop shipping some goods to China.

May 10-12 - The first round of trade talks in Geneva negotiates a 90-day pause in tariffs, reducing US tariffs on Chinese goods from 145% to 30%, and China reduces tariffs from 125% to 10%. China will also lift non-tariff measures adopted since April 2. April 15 - Chipmaker Nvidia says it has been told by US officials that sales of its H20 chip to China will require an export license. April 11 - China also raises tariffs on US imports to 125%, calls Trump's tariff strategy a "joke" and signals it will ignore any further "tariff numbers game" by the US. April 9 - China equalises tariffs to 84% on US imports, imposes controls on 12 US companies banning exports of dual-use goods, and designates six more as "unreliable entities". The United States further increases tariffs on Chinese imports to 125% from 84%. China warns its citizens not to travel to the US.

April 8 - The United States raises tariffs from 34% to 84% on all Chinese imports.

April 4 - China imposes retaliatory tariffs of 34% on all US imports from April 10 and restrictions on exports of some rare earth elements, as well as restrictions on about 30 US organizations in defense-related areas.

April 2 - Trump introduces broad-based tariffs of 10% for "Liberation Day" on all imports and even higher tariffs on goods from some countries, with a 34% tariff on China effective April 9.

The United States removes duty-free access on May 2 for low-value shipments from China and Hong Kong.

March 3-4 - The United States doubles to 20% fentanyl-related tariffs on all Chinese imports effective March 4. China retaliates with 10% to 15% tariffs on US agricultural products, hitting $21 billion in exports, tightening restrictions on exports and investments of 25 US companies.

February 4 - China responds with measures targeting US businesses, including 15% tariffs on US coal and liquefied natural gas (LNG) and 10% on crude oil and some cars, effective February 10.

The country restricts exports of five metals key to defense and clean energy.

February 1 - Trump imposes a 10% punitive tariff on goods from China, along with 25% tariffs on Mexico and Canada, to push for curbs on fentanyl and illegal immigrants entering the United States.