US-China Trade Tensions Escalate Further

Published on 4.29.25

  The ongoing trade tensions between the US and its trading partners have led to a complex web of tariffs and retaliatory measures that are testing the diplomatic skills of world leaders. The imposition of 10% tariffs on most US trading partners, including a 145% levy on Chinese products, has prompted Beijing to retaliate with 125% tariffs on US goods. US Treasury Secretary Scott Bessent has defended President Donald Trump's tariff policy as a means of creating "strategic uncertainty" that gives Washington leverage in negotiations. However, this strategy has been met with skepticism by some countries, including South Korea, which is seeking exemptions from reciprocal and sectoral tariffs on automobiles. In recent talks between the US and China, both sides have agreed to create a package of deals to lift new tariffs before July's pause on reciprocal tariffs is lifted. Industry Minister Ahn reiterated the request for exemptions during his meeting with U.S. Ambassador Greer at the Chinese embassy in Beijing. The two countries have made progress on reciprocal and balanced trade between them, but technical discussions are yet to begin. The US has hinted that it may announce deals with key allies like Japan and Switzerland soon, although details remain scarce.

References

Related Posts


US-China Trade Tensions Shift Regional Balance
4.17.25
The ongoing trade tensions between the US and China have significant implications for international relations in East Asia. The tariffs imposed by the US on Chinese exports have pushed the...
See Full Post
US-China Trade Tensions Escalate Further Amid Trump's 145% Tariffs on Chinese Goods
4.24.25
The US Treasury Secretary Scott Bessent has described a trade embargo on both nations, while China has retaliated by imposing 125% levies on imports from the US in response to...
See Full Post
US-China Trade Tensions Escalate Further Amid Disputed Claims by Trump and Xi Jinping
4.26.25
The ongoing trade tensions between the United States and China have been a major point of contention in international relations. Chinese President Xi Jinping has emphasized that trade wars harm...
See Full Post

Back

See Newsfeed: International Relations