{ "id": "R45949", "type": "CRS Report", "typeId": "REPORTS", "number": "R45949", "active": true, "source": "EveryCRSReport.com", "versions": [ { "source": "EveryCRSReport.com", "id": 606060, "date": "2019-10-09", "retrieved": "2019-10-10T22:15:18.536885", "title": "U.S.-China Tariff Actions by the Numbers", "summary": "Since early 2018, the United States and China have imposed a series of tariffs against one another\u2019s products. These tariffs now affect the majority of trade between the two countries. U.S. tariffs imposed under Section 301 of the Trade Act of 1974 (which followed an investigation on China\u2019s intellectual property rights practices) and China\u2019s retaliatory tariffs affect the largest share of U.S.-China trade. Earlier U.S. tariffs (and Chinese retaliation) on steel and aluminum (Section 232) and solar panels and washing machines (Section 201) also affect U.S.-China trade. The Trump Administration argues that by reducing U.S. demand for Chinese exports, the tariffs are an effective tool to pressure China to change its policies. The tariffs, however, also impose costs on U.S. stakeholders\u2014U.S. tariffs increase the price U.S. firms and consumers pay on imports from China, while China\u2019s retaliatory tariffs disadvantage U.S. exporters by making U.S. products relatively more expensive in the Chinese market.", "type": "CRS Report", "typeId": "REPORTS", "active": true, "formats": [ { "format": "HTML", "encoding": "utf-8", "url": "https://www.crs.gov/Reports/R45949", "sha1": "60d4f0961e7936cd2f4844ff18b29be25a4b4ede", "filename": "files/20191009_R45949_60d4f0961e7936cd2f4844ff18b29be25a4b4ede.html", "images": { "/products/Getimages/?directory=R/html/R45949_files&id=/3.png": "files/20191009_R45949_images_e20ade091e6b104fdd1e8bf50b5d0de3efb20f9d.png", "/products/Getimages/?directory=R/html/R45949_files&id=/1.png": "files/20191009_R45949_images_de0d9d2e08cfd8030f50156c53be6ba408ba7040.png", "/products/Getimages/?directory=R/html/R45949_files&id=/4.png": "files/20191009_R45949_images_a23d6d5f731d705e0a22f12fbcdfb76c75e5e416.png", "/products/Getimages/?directory=R/html/R45949_files&id=/2.png": "files/20191009_R45949_images_5882c289b5e4b3fce8ebc36f71e989cca4756f92.png", "/products/Getimages/?directory=R/html/R45949_files&id=/0.png": "files/20191009_R45949_images_4d73f85ae8d6446684bf21200ec863b771e87733.png" } }, { "format": "PDF", "encoding": null, "url": "https://www.crs.gov/Reports/pdf/R45949", "sha1": "4b64820898feaec43b9a503fac33c9dbd525c1a9", "filename": "files/20191009_R45949_4b64820898feaec43b9a503fac33c9dbd525c1a9.pdf", "images": {} } ], "topics": [ { "source": "IBCList", "id": 4865, "name": "Import Policy" }, { "source": "IBCList", "id": 4938, "name": "Major Economies & U.S. Trade Relations" } ] } ], "topics": [ "Economic Policy", "Foreign Affairs", "Industry and Trade" ] }