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China Tariff News and Tracker

China Tariff News and Tracker

By: Quiet. Please
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 This is your China Tariff Tracker podcast.

"China Tariff Tracker" is your go-to daily podcast that provides up-to-date news and analysis on tariffs imposed on China by the US, particularly during the Trump administration. Stay informed and gain valuable insights with expert discussions about the impacts of these tariffs on global trade, economic strategies, and market trends. Whether you're a business professional, economist, or simply interested in international relations, this podcast delivers the crucial information you need to navigate the complexities of US-China tariffs. Tune in for accurate reporting and expert opinions, ensuring you are always informed on the latest developments.

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Episodes
  • US China Trade War Escalates: Tariffs Soar to 51.1 Percent, Consumers Face Steep Price Increases in 2025 Showdown

    US China Trade War Escalates: Tariffs Soar to 51.1 Percent, Consumers Face Steep Price Increases in 2025 Showdown
    Jul 4 2025
    Welcome back to China Tariff News and Tracker, your trusted source for the latest on US tariffs, Trump’s trade policy, and the ongoing economic standoff with China.

    Listeners, it’s July 4th, 2025, and there’s a lot happening on the China tariff front. The big headline is that the average US tariff on Chinese goods currently stands at 51.1 percent, covering virtually every product imported from China. This marks a dramatic escalation since President Trump returned to office in January, when average rates jumped by more than 30 percentage points. In recent months, tariffs had surged even higher, briefly peaking at an eye-watering 126.5 percent in early May, before negotiations helped pull rates back down. China’s average tariffs on US goods remain steep as well, now at 32.6 percent, with their own increases matching the escalation from Washington.

    This year has been marked by constant moves and countermoves. Back in early April, Trump announced new “Liberation Day” tariffs, layering a 34 percent duty on Chinese goods on top of the existing 20 percent “fentanyl” tariff. That was compounded with a universal 10 percent baseline tariff on all US imports, affecting not just China but virtually every trading partner worldwide. For a brief period this spring, rates on Chinese imports soared as high as 145 percent after a rapid-fire series of executive orders from the White House.

    Trade tension reached a fever pitch, with both the US and China imposing and ratcheting up reciprocal tariffs almost daily. Just as prices for consumer goods—especially shoes and apparel—were set to skyrocket, negotiators from both countries convened in Geneva. On May 12, following talks between Chinese Vice Premier He Lifeng and newly appointed US Treasury Secretary Scott Bessent, the two sides agreed to a 90-day tariff ceasefire.

    Under this latest deal, both countries rolled back their highest tariffs. The US rate on Chinese imports dropped from a staggering 125 percent to a combined 30 percent—comprising a 10 percent baseline tariff plus the 20 percent fentanyl surcharge. China, for its part, suspended its new 34 percent tariff and other non-tariff countermeasures, offering a temporary reprieve for US exports. However, if a comprehensive deal isn’t reached within this 90-day period, tariffs are set to snap back to higher levels, with the US scheduled to return to a 34 percent baseline tariff on Chinese goods.

    President Trump’s trade team touts these moves as historic wins that showcase America’s leverage and his determination to protect US industry. But the impact on American consumers is already being felt. According to The Budget Lab at Yale, the average effective tariff rate in the US is now 15.8 percent, the highest since 1936. Households are seeing price increases across the board, with shoes up 33 percent and apparel 28 percent higher in the short run, accounting for an average per-household income loss of over $2,000 in 2025 dollars.

    As all eyes turn to the 90-day negotiating window, business leaders and consumers alike are bracing for what may come next. The message from Washington is clear: expect tariffs—especially on China—to remain a central part of US trade policy as long as President Trump is in office.

    Thanks for tuning in to China Tariff News and Tracker. Don’t forget to subscribe so you never miss an update. This has been a quiet please production, for more check out quiet please dot ai.

    For more check out https://www.quietperiodplease.com/

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    4 mins
  • US and China Reach Temporary Tariff Truce Lowering Rates to 10 Percent After Months of Escalating Trade Tensions

    US and China Reach Temporary Tariff Truce Lowering Rates to 10 Percent After Months of Escalating Trade Tensions
    Jun 30 2025
    Welcome to China Tariff News and Tracker, your source for the latest headlines and analysis on US-China trade tensions, Trump-era tariffs, and cross-Pacific commerce. Today is June 30, 2025, and there have been significant updates in the tariff landscape that listeners need to know.

    Just weeks ago, the United States and China reached a temporary truce after a dramatic series of tariff escalations earlier this spring. On May 12th, after weekend negotiations in Geneva, President Trump and Chinese officials agreed to lower reciprocal tariffs to a 10 percent baseline, a sharp decrease from the record highs seen earlier this year. According to a White House fact sheet, both countries agreed to eliminate most of the dramatic retaliatory measures imposed since April, with each side pledging to suspend an additional 24 percent effective tariff for an initial period of 90 days. This means that, for at least the next few weeks, most US products entering China and Chinese goods entering the US face a 10 percent tariff, offering some relief to global supply chains and importers after months of volatility.

    These changes come on the heels of a rapid-fire tariff war that reached fever pitch in April and early May. Following an April 2nd executive order, the US imposed a baseline 34 percent tariff on most imports from China, which Beijing matched in kind. The White House then raised tariffs several times, ultimately peaking at 125 percent on Chinese goods by April 9th. China tracked these increases closely, at one point raising its own tariffs to 125 percent on US products. Both governments also took sector-specific actions: for example, the US doubled Section 232 tariffs on steel and aluminum from China to 50 percent as of June 4th, and China imposed new anti-dumping duties, such as a 74.9 percent rate on certain engineering plastics.

    While the May truce dramatically reduced tariff rates, the situation remains fragile. President Trump, speaking on Truth Social, made it clear that the 10 percent minimum base tariff on Chinese goods is “here to stay.” The White House has also highlighted its authority to reimpose or increase tariffs quickly if negotiations sour or if China backslides on commitments regarding fentanyl, intellectual property, or rare earth exports. Chinese officials have been clear that they do not want a trade war but are prepared to "fight to the end" should the US resume escalation.

    Industry reaction has been mixed. American manufacturers and retailers welcomed the tariff pause but warn that uncertainty is causing supply chain disruptions, price fluctuations, and difficulties in long-term planning. Meanwhile, experts caution that the 90-day window could close without further progress, potentially reigniting the tariff spiral.

    That wraps up today's episode of China Tariff News and Tracker. Thanks for tuning in, and don’t forget to subscribe for the latest updates on this fast-changing story. This has been a quiet please production, for more check out quiet please dot ai.

    For more check out https://www.quietperiodplease.com/

    Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94Q
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    3 mins
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