The US-China tariffs have escalated significantly in 2025, with the US imposing tariffs as high as 145% on Chinese goods, marking a steep increase from previous levels. This surge began with a 10% tariff in February, raised to 20% in March, and then sharply increased to 145% by early April, following retaliatory tariffs from China that reached 125% on US imports.
Key points of the tariff situation:
- The US tariffs now average 124.1% on Chinese exports, over 40 times higher than before the trade war began in 2018.
- The Trump administration has applied these tariffs under various trade laws, covering nearly all US imports from China.
- China responded with tariffs up to 125% on American goods and has exempted some critical US imports from these tariffs recently.
- The tariffs have severely disrupted trade flows, with US cargo shipments from China dropping by up to 60% since the tariff hikes.
- The tariffs threaten millions of jobs in China, especially in export-driven manufacturing sectors.
- Despite tensions, both sides have shown some willingness to negotiate, with US President Trump urging discussions for a trade deal.
These tariff measures are part of a broader "Fair and Reciprocal Plan" by the US targeting non-reciprocal trade practices, including tariffs, subsidies, and regulatory barriers. The tariffs have reshaped global trade dynamics, causing supply shocks and economic uncertainties on both sides.
In summary, the US-China tariff conflict in 2025 is characterized by unprecedented tariff rates, reciprocal retaliations, and significant economic impacts, with ongoing diplomatic efforts to resolve the tensions.
