Question

Please identify some actions of the Trump Administration that could be identified as protectionist

2. How has China retaliated to U.S. actions ?

Answer 1

1. Actions of the Trump Administration that could be identified as protectionist

President Donald Trump's proposed tariffs on steel and aluminum imports.The proposed 25 % levy on all steel imports and 10 % levy on aluminum has garnered widespread international criticism, with U.S. trade partners and allies already threatening to retaliate.Downstream producers of steel and aluminum products including car, plane and consumer goods manufacturers say it will jack up their costs, and experts fear a trade war that could harm global growth.

2. How has China retaliated to U.S. actions ?

Beijing announced that it would retaliate against new US tariffs on $50bn in Chinese imports that will go into effect in few days and taking the world’s two largest economies to the brink of a full-scale trade war.The new US import duties, aimed at forcing Beijing to stop what the White House claims has been
systematic theft of US intellectual property, will apply to products ranging from cars and helicopters to bulldozers and industrial tools and machinery.  
In response, China’s finance ministry said it would begin imposing its own 25 % tariffs on 545 categories of US products worth $34bn including soyabeans, beef, whiskey and off-road vehicles on recent date. It also threatened to add a further $16bn later, targeting US energy exports such as coal and crude oil.
China’s commerce ministry said that it would immediately introduce countermeasures of the same scale and strength though it did not immediately provide a full list of the tariffs or details about when they would be imposed. The commerce ministry says all the economic and trade-related achievements previously reached by the two sides will be rendered invalid referring to the results of earlier rounds of China-US trade talks.