2018 Jan 22: The US imposes 30 per cent tariffs on imported solar panels and 20 per cent tariffs on washing machines, hitting China and South Korea hard.March 22: The US announces it will impose tariffs of 25 per cent on US$50 billion of Chinese imports, particularly electronics, in the first round of tariffs specifically targeted at China.
June 15: The US declares it will move ahead with the 25 per cent tariff on US$50 billion of Chinese exports, with tariffs on US$34 billion of these goods to take effect on July 6 and the remaining US$16 billion later. Sept 17: The US announces it will impose new tariffs of 10 per cent on another US$200 billion of Chinese goods on Sept 24, which will increase to 25 per cent on Jan 1. China announces 10 per cent retaliatory tariffs on US$60 billion of American goods.
Dec 1: US President Donald Trump and Chinese President Xi Jinping agree to a truce. Mr Trump delays his hike of the 10 per cent tariffs to 25 per cent on US$200 billion of Chinese goods until March 1.
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