#TrumpTariffs

The US and China ramped up huge tariffs against one another in recent months, but have now reached an agreement for significant reductions.

Trump unveiled a 10% tariff on goods from China on 4 February, which doubled to 20% a month later.

On 2 April, Trump announced a universal 10% baseline tariff on all imports to the US, on what he called "Liberation Day". But some nations, including China, were subjected to higher rates