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Trade Dispute Timeline

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1 Trade Dispute Timeline
AmCham China’s Trade Dispute Timeline Stealable Slides: Use them any way you like

2 Recent Developments 2018 Q1-Q2
June 15 - B China responds by issuing a revised list of US $50 Bn in US products starting July 6th targeting US agriculture. June 15-A Trump announces 25% tariffs on US $50 Bn of China goods – US $34 Bn starting July 6th, and proposed new list worth US $16 Bn for further review. May 19 “We’re putting the trade war on hold” – US Treasury Secretary. China agrees to buy more US products. US delays tariffs. January 22 Trump imposes tariffs on solar panels and washing machines. Recent Developments 2018 Q1-Q2 March 8 Trump raises import taxes on steel and aluminum by 25% and 10%, respectively. April 5 Trump spikes up tensions: “Considering additional tariffs on US $100 Bn of CN imports”. April 2 Beijing strikes back against US trade measures - proposes 25% tariffs on 128 US products including wine, pork, and pipes. April 4 China announces list of 106 US goods to respond with 25% tariffs worth US $50 Bn. April 3 Trump releases list of 1,300 CN exports worth US $50 Bn to hit with 25% tariffs – targets Made in China 2025.

3 Recent Developments 2018 Q1-Q2
June 15 - B China responds by issuing a revised list of US $50 Bn in US products starting July 6th targeting US agriculture. June 15-A Trump announces 25% tariffs on US $50 Bn of China goods – US $34 Bn starting July 6th, and proposed new list worth US $16 Bn for further review. May 19 “We’re putting the trade war on hold” – US Treasury Secretary. China agrees to buy more US products. US delays tariffs. AmCham China Publishes 20th edition of Business Climate Survey, presenting member concerns including tariffs and trade frictions. Recent Developments 2018 Q1-Q2 March 8 Trump raises import taxes on steel and aluminum by 25% and 10%, respectively. April 5 Trump spikes up tensions: “Considering additional tariffs on US $100 Bn of CN imports”. April 2 Beijing strikes back against US trade measures - proposes 25% tariffs on 128 US products including wine, pork, and pipes. April 4 China announces list of 106 US goods to respond with 25% tariffs worth US $50 Bn. April 3 Trump releases list of 1,300 CN exports worth US $50 Bn to hit with 25% tariffs – targets Made in China 2025.

4 Recent Developments 2018 Q1-Q2
June 15 - B China responds by issuing a revised list of US $50 Bn in US products starting July 6th targeting US agriculture. June 15-A Trump announces 25% tariffs on US $50 Bn of China goods – US $34 Bn starting July 6th, and proposed new list worth US $16 Bn for further review. May 19 “We’re putting the trade war on hold” – US Treasury Secretary. China agrees to buy more US products. US delays tariffs. January 22 Trump imposes tariffs on solar panels and washing machines. Recent Developments 2018 Q1-Q2 AmCham China Chairman William Zarit statement: concern with proposed tariffs, restrictions on Chinese inbound investment, retaliation April 5 Trump spikes up tensions: “Considering additional tariffs on US $100 Bn of CN imports”. April 2 Beijing strikes back against US trade measures - proposes 25% tariffs on 128 US products including wine, pork, and pipes. April 4 China announces list of 106 US goods to respond with 25% tariffs worth US $50 Bn. April 3 Trump releases list of 1,300 CN exports worth US $50 Bn to hit with 25% tariffs – targets Made in China 2025.

5 Recent Developments 2018 Q1-Q2
June 15 - B China responds by issuing a revised list of US $50 Bn in US products starting July 6th targeting US agriculture. June 15-A Trump announces 25% tariffs on US $50 Bn of China goods – US $34 Bn starting July 6th, and proposed new list worth US $16 Bn for further review. May 19 “We’re putting the trade war on hold” – US Treasury Secretary. China agrees to buy more US products. US delays tariffs. January 22 Trump imposes tariffs on solar panels and washing machines. Recent Developments 2018 Q1-Q2 March 8 Trump raises import taxes on steel and aluminum by 25% and 10%, respectively. April 5 Trump spikes up tensions: “Considering additional tariffs on US $100 Bn of CN imports”. AmCham China Issues statement on tariff announcements expressing doubts that tariffs will result in reciprocity and changes in China’s industrial policies April 4 China announces list of 106 US goods to respond with 25% tariffs worth US $50 Bn. April 3 Trump releases list of 1,300 CN exports worth US $50 Bn to hit with 25% tariffs – targets Made in China 2025.

6 Recent Developments 2018 Q1-Q2
June 15 - B China responds by issuing a revised list of US $50 Bn in US products starting July 6th targeting US agriculture. June 15-A Trump announces 25% tariffs on US $50 Bn of China goods – US $34 Bn starting July 6th, and proposed new list worth US $16 Bn for further review. May 19 “We’re putting the trade war on hold” – US Treasury Secretary. China agrees to buy more US products. US delays tariffs. January 22 Trump imposes tariffs on solar panels and washing machines. Recent Developments 2018 Q1-Q2 March 8 Trump raises import taxes on steel and aluminum by 25% and 10%, respectively. April 5 Trump spikes up tensions: “Considering additional tariffs on US $100 Bn of CN imports”. April 2 Beijing strikes back against US trade measures - proposes 25% tariffs on 128 US products including wine, pork, and pipes. April 4 China announces list of 106 US goods to respond with 25% tariffs worth US $50 Bn. AmCham China Chairman’s Call for Action - address fears over tariffs’ impact on bilateral trade, business in China.

7 Recent Developments 2018 Q1-Q2
June 15 - B China responds by issuing a revised list of US $50 Bn in US products starting July 6th targeting US agriculture. June 15-A Trump announces 25% tariffs on US $50 Bn of China goods – US $34 Bn starting July 6th, and proposed new list worth US $16 Bn for further review. May 19 “We’re putting the trade war on hold” – US Treasury Secretary. China agrees to buy more US products. US delays tariffs. January 22 Trump imposes tariffs on solar panels and washing machines. Recent Developments 2018 Q1-Q2 March 8 Trump raises import taxes on steel and aluminum by 25% and 10%, respectively. April 5 Trump spikes up tensions: “Considering additional tariffs on US $100 Bn of CN imports”. April 2 Beijing strikes back against US trade measures - proposes 25% tariffs on 128 US products including wine, pork, and pipes. AmCham China Membership Briefing with US Ambassador Terry Branstad April 3 Trump releases list of 1,300 CN exports worth US $50 Bn to hit with 25% tariffs – targets Made in China 2025.

8 Recent Developments 2018 Q1-Q2
June 15 - B China responds by issuing a revised list of US $50 Bn in US products starting July 6th targeting US agriculture. June 15-A Trump announces 25% tariffs on US $50 Bn of China goods – US $34 Bn starting July 6th, and proposed new list worth US $16 Bn for further review. May 19 “We’re putting the trade war on hold” – US Treasury Secretary. China agrees to buy more US products. US delays tariffs. January 22 Trump imposes tariffs on solar panels and washing machines. Recent Developments 2018 Q1-Q2 March 8 Trump raises import taxes on steel and aluminum by 25% and 10%, respectively. AmCham China Annual Government Affairs Conference + US Industry Breakfast Briefing with US Sec. of Transportation Elaine Chao April 2 Beijing strikes back against US trade measures - proposes 25% tariffs on 128 US products including wine, pork, and pipes. April 4 China announces list of 106 US goods to respond with 25% tariffs worth US $50 Bn. April 3 Trump releases list of 1,300 CN exports worth US $50 Bn to hit with 25% tariffs – targets Made in China 2025.

9 Recent Developments 2018 Q1-Q2
June 15 - B China responds by issuing a revised list of US $50 Bn in US products starting July 6th targeting US agriculture. June 15-A Trump announces 25% tariffs on US $50 Bn of China goods – US $34 Bn starting July 6th, and proposed new list worth US $16 Bn for further review. AmCham China DC Outreach Trip American Business in China White Paper + Managing US-China Trade Uncertainties Event January 22 Trump imposes tariffs on solar panels and washing machines. Recent Developments 2018 Q1-Q2 March 8 Trump raises import taxes on steel and aluminum by 25% and 10%, respectively. April 5 Trump spikes up tensions: “Considering additional tariffs on US $100 Bn of CN imports”. April 2 Beijing strikes back against US trade measures - proposes 25% tariffs on 128 US products including wine, pork, and pipes. April 4 China announces list of 106 US goods to respond with 25% tariffs worth US $50 Bn. April 3 Trump releases list of 1,300 CN exports worth US $50 Bn to hit with 25% tariffs – targets Made in China 2025.

10 Recent Developments 2018 Q1-Q2
June 15 - B China responds by issuing a revised list of US $50 Bn in US products starting July 6th targeting US agriculture. AmCham China White Paper Delivery Meetings with Chinese Ministries and Think Tanks including DRC and MOFCOM May 19 “We’re putting the trade war on hold” – US Treasury Secretary. China agrees to buy more US products. US delays tariffs. January 22 Trump imposes tariffs on solar panels and washing machines. Recent Developments 2018 Q1-Q2 March 8 Trump raises import taxes on steel and aluminum by 25% and 10%, respectively. April 5 Trump spikes up tensions: “Considering additional tariffs on US $100 Bn of CN imports”. April 2 Beijing strikes back against US trade measures - proposes 25% tariffs on 128 US products including wine, pork, and pipes. April 4 China announces list of 106 US goods to respond with 25% tariffs worth US $50 Bn. April 3 Trump releases list of 1,300 CN exports worth US $50 Bn to hit with 25% tariffs – targets Made in China 2025.

11 Recent Developments 2018 Q1-Q2
AmCham China MOFCOM Vice Minister and Deputy China International Trade Representative Wang Shouwen tells AmCham China trade disputes should be resolved via bilateral treaties and WTO June 15-A Trump announces 25% tariffs on US $50 Bn of China goods – US $34 Bn starting July 6th, and proposed new list worth US $16 Bn for further review. May 19 “We’re putting the trade war on hold” – US Treasury Secretary. China agrees to buy more US products. US delays tariffs. January 22 Trump imposes tariffs on solar panels and washing machines. Recent Developments 2018 Q1-Q2 March 8 Trump raises import taxes on steel and aluminum by 25% and 10%, respectively. April 5 Trump spikes up tensions: “Considering additional tariffs on US $100 Bn of CN imports”. April 2 Beijing strikes back against US trade measures - proposes 25% tariffs on 128 US products including wine, pork, and pipes. April 4 China announces list of 106 US goods to respond with 25% tariffs worth US $50 Bn. April 3 Trump releases list of 1,300 CN exports worth US $50 Bn to hit with 25% tariffs – targets Made in China 2025.

12 Recent Developments 2018 Q1-Q2
AmCham China MOFCOM Vice Minister and Deputy China International Trade Representative Wang Shouwen tells AmCham China trade disputes should be resolved via bilateral treaties and WTO AmCham China White Paper Delivery Meetings with Chinese Ministries and Think Tanks including DRC and MOFCOM AmCham China DC Outreach Trip American Business in China White Paper + Managing US-China Trade Uncertainties Event AmCham China Publishes 20th edition of Business Climate Survey, presenting member concerns including tariffs and trade frictions. Recent Developments 2018 Q1-Q2 AmCham China Chairman William Zarit statement: concern with proposed tariffs, restrictions on Chinese inbound investment, retaliation AmCham China Annual Government Affairs Conference + US Industry Breakfast Briefing with US Sec. of Transportation Elaine Chao AmCham China Issues statement on tariff announcements expressing doubts that tariffs will result in reciprocity and changes in China’s industrial policies AmCham China Membership Briefing with US Ambassador Terry Branstad AmCham China Chairman’s Call for Action - address fears over tariffs’ impact on bilateral trade, business in China.

13 Recent Developments 2018 Q2-Q3
August 8 Trump admin unveils list of appx. $16 Bn worth of Chinese imports that will be subject to additional 25% tariff. August 3 Chinese government proposes retaliatory tariffs on %60 Bn worth of US goods at four different rates: 25%, 20%, 10%, and 5% August 1 Trump admin. Proposes more than doubling planned tariffs on $200 Bn in Chinese imports from 10% to 25%. June 18 Trump threatens to impose tariffs on US $200 Bn worth of Chinese goods. Recent Developments 2018 Q2-Q3 July 27 China slams US: “blackmailing and pressuring” will not work. China vows to retaliate with similar measures. July 6 US levies tariffs on $34 Bn of Chinese imports. 25% on $34 Bn in CN goods. Beijing retaliates equivalent 25% on $34 Bn in US goods. July 10 President Trump has ordered USTR to begin the process of imposing tariffs of 10 percent on an additional $200 billion of Chinese imports. July 24 Trump admin. gives $12 Bn in aid to farmers for damages to agriculture sector from trade tensions. July 22 Chinese government to increase domestic spending. State Council: Will adopt “more proactive policy”, $200 Bn to infrastructure.

14 Recent Developments 2018 Q2-Q3
August 8 Trump admin unveils list of appx. $16 Bn worth of Chinese imports that will be subject to additional 25% tariff. August 3 Chinese government proposes retaliatory tariffs on %60 Bn worth of US goods at four different rates: 25%, 20%, 10%, and 5% August 1 Trump admin. Proposes more than doubling planned tariffs on $200 Bn in Chinese imports from 10% to 25%. AmCham China Membership Briefing with US Ambassador Terry Branstad and Embassy Team + All-Member Town Hall Meeting on Tariff Developments Recent Developments 2018 Q2-Q3 July 27 China slams US: “blackmailing and pressuring” will not work. China vows to retaliate with similar measures. July 6 US levies tariffs on $34 Bn of Chinese imports. 25% on $34 Bn in CN goods. Beijing retaliates equivalent 25% on $34 Bn in US goods. July 10 President Trump has ordered USTR to begin the process of imposing tariffs of 10 percent on an additional $200 billion of Chinese imports. July 24 Trump admin. gives $12 Bn in aid to farmers for damages to agriculture sector from trade tensions. July 22 Chinese government to increase domestic spending. State Council: Will adopt “more proactive policy”, $200 Bn to infrastructure.

15 Recent Developments 2018 Q2-Q3
August 8 Trump admin unveils list of appx. $16 Bn worth of Chinese imports that will be subject to additional 25% tariff. August 3 Chinese government proposes retaliatory tariffs on %60 Bn worth of US goods at four different rates: 25%, 20%, 10%, and 5% August 1 Trump admin. Proposes more than doubling planned tariffs on $200 Bn in Chinese imports from 10% to 25%. June 18 Trump threatens to impose tariffs on US $200 Bn worth of Chinese goods. Recent Developments 2018 Q2-Q3 July 27 China slams US: “blackmailing and pressuring” will not work. China vows to retaliate with similar measures. AmCham China ”There are no winners in a trade war. Counter-productive import tariffs hurt not only the economies of the US and China, but those of every country.” July 10 President Trump has ordered USTR to begin the process of imposing tariffs of 10 percent on an additional $200 billion of Chinese imports. July 24 Trump admin. gives $12 Bn in aid to farmers for damages to agriculture sector from trade tensions. July 22 Chinese government to increase domestic spending. State Council: Will adopt “more proactive policy”, $200 Bn to infrastructure.

16 Recent Developments 2018 Q2-Q3
August 8 Trump admin unveils list of appx. $16 Bn worth of Chinese imports that will be subject to additional 25% tariff. August 3 Chinese government proposes retaliatory tariffs on %60 Bn worth of US goods at four different rates: 25%, 20%, 10%, and 5% August 1 Trump admin. Proposes more than doubling planned tariffs on $200 Bn in Chinese imports from 10% to 25%. June 18 Trump threatens to impose tariffs on US $200 Bn worth of Chinese goods. Recent Developments 2018 Q2-Q3 July 27 China slams US: “blackmailing and pressuring” will not work. China vows to retaliate with similar measures. July 6 US levies tariffs on $34 Bn of Chinese imports. 25% on $34 Bn in CN goods. Beijing retaliates equivalent 25% on $34 Bn in US goods. AmCham China Managing Tariffs, Customs, USTR Exclusion Filling, Supply Chain and Sourcing Event July 24 Trump admin. gives $12 Bn in aid to farmers for damages to agriculture sector from trade tensions. July 22 Chinese government to increase domestic spending. State Council: Will adopt “more proactive policy”, $200 Bn to infrastructure.

17 Recent Developments 2018 Q2-Q3
August 8 Trump admin unveils list of appx. $16 Bn worth of Chinese imports that will be subject to additional 25% tariff. August 3 Chinese government proposes retaliatory tariffs on %60 Bn worth of US goods at four different rates: 25%, 20%, 10%, and 5% August 1 Trump admin. Proposes more than doubling planned tariffs on $200 Bn in Chinese imports from 10% to 25%. June 18 Trump threatens to impose tariffs on US $200 Bn worth of Chinese goods. Recent Developments 2018 Q2-Q3 July 27 China slams US: “blackmailing and pressuring” will not work. China vows to retaliate with similar measures. July 6 US levies tariffs on $34 Bn of Chinese imports. 25% on $34 Bn in CN goods. Beijing retaliates equivalent 25% on $34 Bn in US goods. July 10 President Trump has ordered USTR to begin the process of imposing tariffs of 10 percent on an additional $200 billion of Chinese imports. July 24 Trump admin. gives $12 Bn in aid to farmers for damages to agriculture sector from trade tensions. AmCham China MOFCOM Briefing | Recently Released Policies on Foreign Investment – Deputy Director General Ye Wei briefs members on recent foreign investment regulations.

18 Recent Developments 2018 Q2-Q3
August 8 Trump admin unveils list of appx. $16 Bn worth of Chinese imports that will be subject to additional 25% tariff. August 3 Chinese government proposes retaliatory tariffs on %60 Bn worth of US goods at four different rates: 25%, 20%, 10%, and 5% August 1 Trump admin. Proposes more than doubling planned tariffs on $200 Bn in Chinese imports from 10% to 25%. June 18 Trump threatens to impose tariffs on US $200 Bn worth of Chinese goods. Recent Developments 2018 Q2-Q3 July 27 China slams US: “blackmailing and pressuring” will not work. China vows to retaliate with similar measures. July 6 US levies tariffs on $34 Bn of Chinese imports. 25% on $34 Bn in CN goods. Beijing retaliates equivalent 25% on $34 Bn in US goods. July 10 President Trump has ordered USTR to begin the process of imposing tariffs of 10 percent on an additional $200 billion of Chinese imports. AmCham China Managing Tariffs | Bring Services and Expertise on Customs, Legal, and Supply Chain to Your Customers [Service Providers] July 22 Chinese government to increase domestic spending. State Council: Will adopt “more proactive policy”, $200 Bn to infrastructure.

19 Recent Developments 2018 Q2-Q3
August 8 Trump admin unveils list of appx. $16 Bn worth of Chinese imports that will be subject to additional 25% tariff. August 3 Chinese government proposes retaliatory tariffs on %60 Bn worth of US goods at four different rates: 25%, 20%, 10%, and 5% August 1 Trump admin. Proposes more than doubling planned tariffs on $200 Bn in Chinese imports from 10% to 25%. June 18 Trump threatens to impose tariffs on US $200 Bn worth of Chinese goods. Recent Developments 2018 Q2-Q3 July 6 US levies tariffs on $34 Bn of Chinese imports. 25% on $34 Bn in CN goods. Beijing retaliates equivalent 25% on $34 Bn in US goods. AmCham China Managing Tariffs | Bring Services and Expertise on Customs, Legal, and Supply Chain to Your Customers [Corporate Members] July 10 President Trump has ordered USTR to begin the process of imposing tariffs of 10 percent on an additional $200 billion of Chinese imports. July 24 Trump admin. gives $12 Bn in aid to farmers for damages to agriculture sector from trade tensions. July 22 Chinese government to increase domestic spending. State Council: Will adopt “more proactive policy”, $200 Bn to infrastructure.

20 Recent Developments 2018 Q2-Q3
August 8 Trump admin unveils list of appx. $16 Bn worth of Chinese imports that will be subject to additional 25% tariff. August 3 Chinese government proposes retaliatory tariffs on %60 Bn worth of US goods at four different rates: 25%, 20%, 10%, and 5% AmCham China US and China Customs and Tariff Regulation Update Event June 18 Trump threatens to impose tariffs on US $200 Bn worth of Chinese goods. Recent Developments 2018 Q2-Q3 July 27 China slams US: “blackmailing and pressuring” will not work. China vows to retaliate with similar measures. July 6 US levies tariffs on $34 Bn of Chinese imports. 25% on $34 Bn in CN goods. Beijing retaliates equivalent 25% on $34 Bn in US goods. July 10 President Trump has ordered USTR to begin the process of imposing tariffs of 10 percent on an additional $200 billion of Chinese imports. July 24 Trump admin. gives $12 Bn in aid to farmers for damages to agriculture sector from trade tensions. July 22 Chinese government to increase domestic spending. State Council: Will adopt “more proactive policy”, $200 Bn to infrastructure.

21 Recent Developments 2018 Q2-Q3
AmCham China US and China Customs and Tariff Regulation Update Event AmCham China Membership Briefing with US Ambassador Terry Branstad and Embassy Team + All-Member Town Hall Meeting on Tariff Developments Recent Developments 2018 Q2-Q3 AmCham China ”There are no winners in a trade war. Counter-productive import tariffs hurt not only the economies of the US and China, but those of every country.” AmCham China Managing Tariffs | Bring Services and Expertise on Customs, Legal, and Supply Chain to Your Customers [Corporate Members] AmCham China Managing Tariffs, Customs, USTR Exclusion Filling, Supply Chain and Sourcing Event AmCham China Managing Tariffs | Bring Services and Expertise on Customs, Legal, and Supply Chain to Your Customers [Service Providers] AmCham China MOFCOM Briefing | Recently Released Policies on Foreign Investment – Deputy Director General Ye Wei briefs members on recent foreign investment regulations.

22 Thank you!


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