The US imposes tariffs on Chinese products valued at

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Trump and Chinese President Xi Jinping  meet during the G20 summit in Argentina , in which the two leaders  agree to a trade truce , delaying the implementation of US tariffs until December 1 of March. December 4, 2018: Despite the truce, Trump tweets that he remains a "supporter of tariffs"  and notes that there will only be a deal if it is in the US interest. February 24, 2019:  After a series of negotiations, Trump announces that US tariffs  will not increase on March 1 and delays the increase indefinitely.

  Europe is beginning to suffer from the trade war: the EU trade deficit has more than doubled in the last 12 months May 5, 2019:  After apparent progress in negotiations, the US accuses China of backing SW Business Directory away from its previous trade commitments. Trump threatens to raise tariff rates  and impose tariffs on $300 billion (267 billion euros) in Chinese products. May 10, 2019: Trump makes good on his threats , raising tariffs from 10% to 25% on some $200 billion in Chinese goods. The negotiations stall and the US supposedly gives China a deadline of 3 to 4 weeks  to reach an agreement.



China retaliates against the US by announcing it  will raise tariffs on $60 billion  in US goods on June 1. May 15, 2019: Trump signs an executive order  banning U.S. companies from  using telecommunications equipment from foreign adversaries that officials have deemed a threat to national security. He adds Huawei  and dozens of Chinese companies to that list. Read more:  China has just tested its 'nuclear button' in the trade war with the United States May 21, 2019: Xi calls on China to  begin a new "long march," a potential sign that the country is preparing for a protracted dispute with the US.