2018/9/24
The U.S. formally imposed an additional 10 percent tariff on about $200 billion in Chinese goods.
The Chinese countered by officially imposing additional 5-10 percent tariffs on about $60 billion of U.S. goods.
Meanwhile, China released a white paper on "Facts and China's Position on China-U.S. Economic and Trade Friction," which fully elucidated China's policy stance as a responsible big country, clarified the facts in the trade war, and refuted various behavioral arguments that the U.S. unilaterally is bent on stirring up trade disputes.
The key event nodes are as follows:
The various types of friction on the trade between China and the United States in 2017 have begun to emerge
2018/3/9
U.S. President Donald Trump formally signed an order in the White House to impose tariffs of 25 percent and 10 percent on imports of steel and aluminum, respectively, in 15 days.
2018/3/22
U.S. President Donald Trump signed a memorandum directing the imposition of massive 25 percent tariffs on about 60 billion Chinese imports based on a "301" report on China, and restricting Chinese companies from investing in U.S. mergers and acquisitions.
2018/3/23
China's Ministry of Commerce countered by announcing its intention to impose a 15 percent tariff on some products imported from the United States. Among them, wines from the U.S. appeared on the list of those subject to the tariff increase.
2018/4/1
Approved by China's State Council, the Tariff and Taxation Commission of the State Council decided to suspend tariff reduction obligations on 7 categories of 128 imported commodities originating from the United States from April 2, 2018, and impose tariffs on top of the currently applicable tariff rates.
According to the "Notice on the Suspension of Tariff Concession Obligations by the Tariff and Taxation Commission of the State Council on Certain Import Commodities Originating in the United States" issued by the Department of Tariffs of the Ministry of Finance, it is clear that tariff concessions obligations are suspended on 7 categories of 128 imported commodities originating from the United States, and tariffs are imposed on them based on the currently applicable tariff rates, and tariffs are imposed at a rate of 15% for 120 imported commodities such as fruits and products, and tariffs are imposed at a rate of 15% for 8 imported commodities such as pork and The tariff rate for 120 imported commodities such as fruits and products will be increased to 15%, and the tariff rate for 8 imported commodities such as pork and products will be increased to 25%. Existing bonded, tax reduction and exemption policies remain unchanged.
2018/4/3
The U.S. government has released a list of goods subject to tariffs covering more than 10 sectors, such as aerospace, information and communication technology, machinery, etc., and will impose 25 percent tariffs on $50 billion worth of Chinese goods.
2018/4/4
Approved by China's State Council, the Tariff and Taxation Commission of the State Council has decided to impose 25 percent tariffs on 106 items in 14 categories, including soybeans, automobiles and chemicals, originating in the United States.
China's Ministry of Commerce (MOFCOM) issued an announcement to raise the anti-dumping duty rates applied to imports of ethylene glycol and monobutyl ether of diethylene glycol originating from the United States and some European Union (EU) companies from April 12, with rates ranging from 10.8 percent to 75.5 percent.
2018/4/6
U.S. President Donald Trump asked the Office of the U.S. Trade Representative to impose tariffs on an additional $100 billion worth of Chinese goods based on the "301 investigation."
2018/4/16
The U.S. Department of Commerce announced that it would ban U.S. companies from selling parts, goods, software and technology to ZTE for the next seven years. ZTE subsequently announced a suspension of trading on the A and H share markets.
2018/4/17
China's Ministry of Commerce (MOFCOM) announced that it has ruled that there is dumping of imported sorghum originating from the United States and has decided to implement provisional anti-dumping measures. Effective April 18, 2018, import operators shall provide the corresponding margin to the Customs of the People's Republic of China*** and the State of China when importing imported sorghum originating from the United States based on the margin rate (178.6%) of each company as determined by the ruling.
2018/4/18
U.S. regulators are set to adopt a measure that would prohibit mobile carriers from using federal subsidies to purchase any telecom equipment produced by Chinese companies. The initiative was approved unanimously by the US Federal Communications Commission (FCC). The move aims to prohibit US carriers from using universal service subsidies to purchase equipment from companies that pose a national security threat to the US.
2018/4/19
China's Ministry of Commerce (MOFCOM) has issued a preliminary ruling that there is dumping of imported halobutyl rubber originating from the United States, the European Union and Singapore. According to the ruling, starting from April 20, 2018, import operators shall provide corresponding margins to the Customs of the People's Republic of China*** and the State of China based on the dumping margins (26.0%-66.5%) of each company determined by the ruling when importing halobutyl rubber originating from the United States, the European Union and Singapore.
2018/5/3
U.S. Presidential Special Envoy and Secretary of the Treasury Steven Mnuchin led a U.S. delegation to China for the first round of discussions with the Chinese side on the U.S.-China trade war.
2018/5/4
China-U.S. economic and trade consultations reached a **** understanding on some issues, and the two sides agreed to establish a working mechanism to maintain close communication. The two sides fully exchanged views on expanding U.S. exports to China, bilateral trade in services, two-way investment, protection of intellectual property rights, and settlement of tariff and non-tariff measures, and reached some *** understanding in some areas.
2018/5/7
The website of the General Administration of Customs released the "Alert Circular of the Department of Animal and Plant Quarantine and Supervision on Strengthening Inspection and Quarantine of Imported U.S. Apples and Logs", which said that it would strengthen on-site inspection of imported U.S. apples and logs, and that samples should be sent to the laboratory for testing and identification once suspected disease symptoms, pinewood nematode hazardous conditions, or live pests are found. In the laboratory during the test, and its related goods shall not be released. If necessary, preventive measures can be taken to prevent the escape of harmful organisms; once confirmed as quarantine pests, and the situation is serious, as a temporary emergency measure, the relevant goods should be taken according to the law to return or destroy measures, and promptly report the situation to the General Administration of the General Administration of the relevant situation.
2018/5/13
U.S. President Donald Trump tweeted that he would help ZTE get back in business, and the U.S. Department of Commerce has been instructed to get it done. The announcement comes after ZTE announced it had ceased major related operations after being banned from using U.S.-made parts by the Trump administration.
2018/5/17
The Chinese delegation went to the United States to conduct constructive consultations on the U.S.-China trade war.
2018/5/19
China and the U.S. issued a joint statement on bilateral economic and trade consultations in Washington, D.C., in which the two sides reached a *** understanding not to fight a trade war and to stop imposing tariffs on each other.
2018/5/20
U.S. Treasury Secretary Steven Mnuchin says the U.S. and China have reached an agreement on the framework, agreeing to stop fighting a trade war and stop imposing tariffs on each other.
2018/5/29
The U.S. White House released a statement on its official website that the U.S. will strengthen export controls and adopt specific investment restrictions on relevant Chinese individuals and entities acquiring significant technologies for U.S. industries, and that it intends to formally announce the relevant measures by June 30, 2018, with formal implementation to follow shortly thereafter.
A spokesman for China's Ministry of Commerce quickly responded by saying that we were both surprised but also expected by the strategic statement released by the White House, which is clearly contrary to the ****cognizance reached by China and the United States in Washington not long ago. Regardless of what initiatives the U.S. side introduces, China is confident, capable and experienced in defending the interests of the Chinese people and the core interests of the country. China urges the U.S. side to move in the opposite direction in accordance with the spirit of the joint statement.
2018/5/31
China's anti-monopoly agency sent a number of working groups, respectively, on Samsung, Hynix, Micron's offices in Beijing, Shanghai and Shenzhen to carry out "surprise investigations" and on-site evidence, marking China's anti-monopoly agency formally opened an investigation into the three companies.
The Chinese antitrust authorities have officially opened a case against the three companies.
2018/6/2
U.S. Commerce Secretary Wilbur Ross led a delegation to China, where the Chinese and U.S. teams continued consultations on U.S.-China economic and trade issues.
2018/6/15
The U.S. White House issued a statement on U.S.-China trade, imposing 25 percent tariffs on 1102 products totaling $50 billion in goods. The first set of tariffs on $34 billion in goods began to be levied on July 6th.
China's Tariff Commission of the State Council decided to impose 25 percent tariffs on 659 items of about $50 billion of imports originating in the United States.
2018/7/6
The U.S. announced that it will impose 25 percent import tariffs on the first batch of 818 categories of Chinese goods on the list, valued at $34 billion, starting from July 6 local time (noon Beijing time on July 6).
China responded by imposing 25 percent import tariffs on U.S. products of the same size on the same day, and filing an additional lawsuit at the WTO against the U.S. for the levies formally implemented under the 301 investigation of China.
2018/7/11
The U.S. government issued a measure to impose a 10 percent tariff on about $200 billion of imports from China.
2018/7/24
The U.S. holds a hearing on a second set of tariffs on $16 billion in Chinese imports.
2018/8/2
Statement by the U.S. Trade Representative saying it intends to raise the tariff increase on $200 billion in goods from 10 percent to 25 percent.
2018/8/3
China's Customs Tariff Commission under the State Council decided to impose tariffs ranging from 25 percent, 20 percent, 10 percent and 5 percent on about 60 billion U.S. dollars worth of commodities originating in the United States under 5,207 tariff lines.
2018/8/20
The Office of the U.S. Trade Representative (USTR) held a public hearing on the proposed imposition of tariffs on 200 billion U.S. dollars of goods imported from China based on the results of the so-called "301 investigation".
2018/8/22
China's Vice Minister of Commerce and Deputy Representative for International Trade Negotiations Wang Shouwen leads a Chinese delegation to the United States to hold vice-ministerial-level consultations on economic and trade issues.
2018/8/23
U.S. 25 percent tariffs on Chinese products, including semiconductors, plastics and railroad equipment, take effect, targeting $16 billion of Chinese goods.
China has hit back at the U.S. with tariffs on $16 billion worth of U.S. goods, including oil, coal, steel products and medical equipment.
2018/8/31
U.S. media reports that President Donald Trump will impose tariffs on $200 billion of Chinese goods as soon as next week.
2018/9/3
China's Ministry of Commerce (MOFCOM) preliminarily determined that there is dumping of imported n-butanol originating from Taiwan, Malaysia and the United States, and that the n-butanol industry in mainland China has suffered substantial injury, and that there is a causal relationship between the dumping and the substantial injury, and decided to implement provisional anti-dumping measures in the form of a margin, to be applied as of Sept. 4 onward.
2018/9/8
Event 1: Trump said in an interview with reporters that the United States will impose tariffs on another 267 billion U.S. dollars of goods after imposing tariffs on 200 billion U.S. dollars of Chinese goods, and said that if there is no substantial progress in the U.S.-China trade talks will be opened soon.
Event 2: Trump is considering activating an Obama-era executive order that would allow the United States to sanction entities or individuals for engaging in "malicious cyber activities". The move would target Chinese companies, which could be sanctioned for so-called "theft" of U.S. intellectual property by freezing their assets in the U.S. or preventing them from doing business in the country.
Event 3: Kudlow, the White House's chief economic adviser, said the U.S. still continues to negotiate with China, but that the U.S. offer is clear: "Zero tariffs, zero barriers, zero subsidies, an end to intellectual property theft, and American ownership of American companies by Americans."
2018/9/18
The Trump administration announced that it would impose an additional 10 percent tariff on roughly $200 billion in Chinese imports starting on the 24th and raise that rate to 25 percent starting on January 1, 2019.
2018/9/24
The U.S. has imposed an additional 10 percent tariff on about $200 billion in Chinese imports.
China retaliated by imposing additional 5-10 percent tariffs on about $60 billion of U.S. imports and releasing a white paper, "Facts and China's Position on China-U.S. Economic and Trade Friction".
Answers organized by Customs Data e Customs Data Technology Services team