Trump and Xi are set to meet. Where do US-China tariffs stand?
Summary
President Donald Trump will visit China from May 13 to 15 to meet Xi Jinping, marking the first US presidential visit to China in nearly ten years. The visit takes place amid ongoing trade tensions and tariffs between the US and China, with both countries having imposed high import taxes on each other's goods in recent years.Key Facts
- President Trump will visit China from May 13 to 15 to meet Chinese President Xi Jinping.
- This is the first visit to China by a US president in nearly a decade.
- Many large US companies, such as Boeing, Citigroup, and Qualcomm, are expected to join the trip.
- In 2018, Trump began imposing tariffs on $250 billion of Chinese imports to make trade fairer for the US.
- These tariffs led to a trade war, with China retaliating by adding tariffs to US goods.
- Tariffs between the US and China were paused after Trump and Xi met in South Korea in October but threats have continued.
- President Trump reinstated and increased tariffs in 2025, including a 34% levy on Chinese goods, partly due to concerns over fentanyl.
- The trade war has affected both Chinese and US businesses, disrupting supply chains and impacting farmers in the US.
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