To achieve this so-called goal, he has imposed tariffs of 25% on Chinese imports worth $50 billion and a 10% tariff on Chinese imports worth $200 billion. It plots the trade deficit in goods that the US has run with China, over the years. Between January and October last year, the US ran a trade deficit of $344.5 billion with China. In response to US tariffs, China also imposed tariffs. If the US and China do not reach a trade deal by then, US tariffs on Chinese imports will go up.

Source: Mint January 07, 2019 04:18 UTC