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[–><!–>The escalating trade war between the United States and China has created deep uncertainty for U.S. companies that rely on Chinese suppliers. Retaliations in recent days by the two countries have resulted in huge average tax rates on their each other’s imports, with tariffs often costing more than the price of the goods themselves.–><!–>
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A standard tax applied to imports from the world. The rate depends on the goods. Most rates are very low.
Taxes introduced during the first Trump administration and expanded by former President Joseph R. Biden as a way to protect U.S. industries.
+7.5%–100%
Trump imposed a 25% tariff on these imports worldwide.
+25%
On steel and some products that contain steel.
+25%
On aluminum and some products that contain aluminum.
+25%
On cars and car parts.
Trump imposed and raised tariffs on Chinese goods multiple times this year.
+20%
On all goods as a punishment for the flow of fentanyl into the United States.
+125%
On all goods in an effort to reset the trade balance between the two countries.
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| Syringes and needles | |
| Lithium-ion batteries | |
| Squid | |
| Wool sweaters | |
| Plastic dishes | |
| Toasters | |
| Electric cars | |
| Toys, dolls, puzzles | |
| Laptops | |
| Vitamin C | |
| Aluminum foil | |
| Car wheels | |
| Semiconductors | |
| Metal furniture | |
| Door hinges for cars | |
| Children’s books |
