How the US-China trade war started and where it’s at now
Written by Black Hot Fire Network on May 14, 2025
The U.S.-China trade war has gone through multiple rounds of tariffs and retaliatory measures. In a span of three months, the tax on products imported to the U.S. from China went from 10% in February to 145% in April. China responded by raising tariffs on American imports, and among them was a 125% tax on rare earth elements and magnets used to make weapons and electronics. After the first round of trade talks in Switzerland over the weekend, the United States and China agreed to a 90-day pause on most of the tariffs they have . . .