{"id":138963,"date":"2025-04-10T09:00:24","date_gmt":"2025-04-10T06:00:24","guid":{"rendered":"https:\/\/tietopankki.crnet.fi\/fi\/news\/where-things-stand-in-the-us-china-trade-war\/"},"modified":"2025-04-10T09:00:24","modified_gmt":"2025-04-10T06:00:24","slug":"where-things-stand-in-the-us-china-trade-war","status":"publish","type":"post","link":"https:\/\/tietopankki.crnet.fi\/fi\/news\/where-things-stand-in-the-us-china-trade-war\/","title":{"rendered":"Where things stand in the US-China trade war"},"content":{"rendered":"<div class=\"mp_wrapper\">\n  <div class=\"mepr-unauthorized-message\">\n    <p>You are unauthorized to view this page.<\/p>\n  <\/div>\n  <div class=\"mepr-login-form-wrap\">\n            \n<div class=\"mp_wrapper mp_login_form\">\n                  <!-- mp-login-form-start -->     <form name=\"mepr_loginform\" id=\"mepr_loginform\" class=\"mepr-form\" action=\"https:\/\/tietopankki.crnet.fi\/fi\/login-2\/\" method=\"post\">\n            <div class=\"mp-form-row mepr_username\">\n        <div class=\"mp-form-label\">\n                              <label for=\"user_login\">Username<\/label>\n        <\/div>\n        <input type=\"text\" name=\"log\" id=\"user_login\" value=\"\" \/>\n      <\/div>\n      <div class=\"mp-form-row mepr_password\">\n        <div class=\"mp-form-label\">\n          <label for=\"user_pass\">Password<\/label>\n          <div class=\"mp-hide-pw\">\n            <input type=\"password\" name=\"pwd\" id=\"user_pass\" value=\"\" \/>\n            <button type=\"button\" class=\"button mp-hide-pw hide-if-no-js\" data-toggle=\"0\" aria-label=\"Show password\">\n              <span class=\"dashicons dashicons-visibility\" aria-hidden=\"true\"><\/span>\n            <\/button>\n          <\/div>\n        <\/div>\n      <\/div>\n            <div>\n        <label><input name=\"rememberme\" type=\"checkbox\" id=\"rememberme\" value=\"forever\" \/> Remember Me<\/label>\n      <\/div>\n      <div class=\"mp-spacer\">&nbsp;<\/div>\n      <div class=\"submit\">\n        <input type=\"submit\" name=\"wp-submit\" id=\"wp-submit\" class=\"button-primary mepr-share-button \" value=\"Log In\" \/>\n        <input type=\"hidden\" name=\"redirect_to\" value=\"\/fi\/wp-json\/wp\/v2\/posts\/138963\" \/>\n        <input type=\"hidden\" name=\"mepr_process_login_form\" value=\"true\" \/>\n        <input type=\"hidden\" name=\"mepr_is_login_page\" value=\"false\" \/>\n      <\/div>\n    <\/form>\n    <div class=\"mp-spacer\">&nbsp;<\/div>\n    <div class=\"mepr-login-actions\">\n        <a\n          href=\"https:\/\/tietopankki.crnet.fi\/fi\/login-2\/?action=forgot_password\"\n          title=\"Click here to reset your password\"\n        >\n          Forgot Password        <\/a>\n    <\/div>\n\n      \n    <!-- mp-login-form-end --> \n  <\/div>\n      <\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<div class=\"smart_content_wrapper\">\n<p>US President Donald Trump has ramped up his trade war against China, further raising import tariffs on Beijing to 125 percent despite pausing them for other countries. The move came hours after China announced reciprocal action against the United States in response to a previous levy hike. AFP looks at how the escalating trade war between the world\u2019s two biggest economies is playing out \u2014 and what impact it might have:<\/p>\n<p>Trump said Wednesday that the US would raise tariffs on Chinese imports to a staggering 125 percent, citing a \u201clack of respect\u201d from Beijing. The announcement came as the mercurial president announced a halt on tariffs for other nations for 90 days, following panic on global markets. The new levy on China marked the latest salvo in a brewing tit-for-tat trade war between the two global superpowers. A previous round of US tariffs had come into force earlier on Wednesday, jacking up duties on China to 104 percent. As well as the blanket levies, China is also under sector-specific tariffs on steel, aluminium and car imports.<\/p>\n<p>China has vowed to fight the measures \u201cto the end\u201d and so far has unveiled reciprocal tariffs each time Trump has upped the ante. Responding to the 104 percent duties on Wednesday, Beijing said it would raise its own tariffs on US imports from 34 percent to 84 percent, effective from Thursday. It also said it had filed a complaint with the World Trade Organization (WTO), citing \u201cbullying\u201d tactics by the Trump administration. China had not responded to the latest hike in tariffs to 125 percent levies as of Thursday morning.<\/p>\n<p>But its countermeasures have begun to step outside the economic sphere, with government departments warning citizens of the \u201crisks\u201d of travelling to the US or studying in parts of the country. And while Beijing has blasted the US with fiery rhetoric, it has continued to urge \u201cequal dialogue\u201d to resolve the trade spat. Zhiwei Zhang, chief economist at Pinpoint Asset Management, said China had sent a \u201cclear signal\u201d that it would not back down, adding that there was \u201c(no) quick and easy way out\u201d of the conflict. Haibin Zhu, chief China economist at J.P. Morgan, agreed, saying \u201cthe bar for a possible deal is high\u201d.<\/p>\n<p>Trade between the world\u2019s two largest economies is vast. Sales of Chinese goods to the US last year totalled more than $500 billion \u2014 16.4 percent of the country\u2019s exports, according to Beijing\u2019s customs data. And China imported $143.5 billion in goods from the United States in 2024, according to the office of the US Trade Representative.<\/p>\n<p>That trade was dominated by agricultural products, primarily oilseeds and grains, according to the US-China Business Council. Oil and gas, pharmaceuticals and semiconductors are also among major US exports to China. Beijing has long drawn Trump\u2019s ire with a trade surplus with the United States that reached $295.4 billion last year, according to the US Commerce Department\u2019s Bureau of Economic Analysis. Chinese leaders have been reluctant to disrupt the status quo, in part because the country\u2019s export-driven economy is particularly sensitive to vicissitudes in international trade.<\/p>\n<p><a rel=\"noopener\" href=\"https:\/\/www.digitaljournal.com\/world\/where-things-stand-in-the-us-china-trade-war-2\/article\">Read more&gt;&gt;<\/a><\/p>\n<p>Source: <a rel=\"noopener\" href=\"https:\/\/www.digitaljournal.com\/world\/where-things-stand-in-the-us-china-trade-war-2\/article\">DJ<\/a><\/p>\n<\/div>\n<p>The post <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\/vau-viikkokatsaus\/where-things-stand-in-the-us-china-trade-war\/\">Where things stand in the US-China trade war<\/a> appeared first on <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\">Vastuullisuusuutiset.fi<\/a>.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22],"tags":[18198,18515,606,607,608],"class_list":["post-138963","post","type-post","status-publish","format-standard","hentry","category-news","tag-trade-war","tag-us-china","tag-vau_viikkokatsaus","tag-vauen","tag-vaufien"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/posts\/138963","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/comments?post=138963"}],"version-history":[{"count":0,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/posts\/138963\/revisions"}],"wp:attachment":[{"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/media?parent=138963"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/categories?post=138963"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/tags?post=138963"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}