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New US Administration: China Retaliates Against US Tariffs

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    Report

  • 9 Pages
  • April 2025
  • Region: China, United States
  • GlobalData
  • ID: 6089536
Within the first 100 days of the current US Administration, there has been a clear shift toward more protectionist trade policy. The 47th US President has implemented a series of tariff measures aimed at reducing the trade deficit.

To date, key outcomes have included:

  • Imposition of a 10% global baseline tariff
  • Introduction of a reciprocal tariff framework
  • Significant tariffs on strategic sectors such as steel, aluminum, and automotive
  • Heightened tensions between the US and China

Scope

  • This report examines the transition of the 47th U.S. Administration toward a protectionist trade policy during its first 100 days.
The analysis focuses on efforts to reduce the trade deficit while assessing the broader implications for domestic industry and global trade relations.

Table of Contents

  • Brief introduction to tariffs
  • Overview of China-US tariff war
  • Future implications to the pharmaceutical industry
  • Appendices
  • Related reports
  • About the Analyst
  • How to Contact the Publisher