The US-China Trade War Continues, with the Chinese government recently charging port fees on US ships. On October 14, China began imposing fees on US-owned vessels docking in Chinese ports. The charges came after both countries agreed to reduce reciprocal tariffs imposed on each other. By April, the US had levies on China up to 145% while China had up to 125%. In May, the countries agreed on a 90-day truce and reduced the tariffs to 30% (US) and 10% (China). The countries extended the pause to November 10, before China retaliated with new port fees. President Trump responded by announcing that he will impose a 100% tariff on Chinese imports starting in November. Why Are The Countries In A Trade War? China and the US have been in a trade war for years due to issues such as trade imbalances and intellectual property (IP) theft, and both countries are trying to protect their economic interests. The US is also fighting against the inflow of drugs, with China being the most popul...
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