China’s tit-for-tat duties on U.S. imports took effect Monday, just hours after U.S. President Donald Trump announced that he wants to slap new duties on all steel and aluminum imports to the U.S. The rapid-fire shots of tariffs and import curbs hearken back to Trump’s first term in office, when the U.S. and China engaged in a trade war that spanned most of Trump’s first four years in office and was continued to a certain extent under his successor, Joe Biden. Less than a month after returning to the White House on Jan. 20, Trump slapped 10% duties on all Chinese imports, a move that’s expected to raise prices on goods including laptops, toys and fast fashion. China responded with 15% duties on coal and liquefied natural gas products, and a 10% tariff on crude oil, agricultural machinery and large-engine cars imported from the U.S. Beijing also launched an anti-monopoly investigation into Google and added PVH, the owner of U.S. fashion brands Tommy Hilfiger and Calvin Klein, to its “unreliable entity” list. China also restricted the exports of five rare metals used as key components in the defense and clean energy industries among others. As the new frictions threaten to escalate into a trade war, here are some key moments in the countries’ yearslong trade spat: March 2017 Shortly after becoming U.S. president for the first time, Trump, determined to reduce trade deficits with other countries, signs an executive order calling for tighter tariff enforcement in anti-dumping cases. April 2017 During a visit to Beijing, Trump and Chinese President Xi Jinping agree to a 100-day plan for trade talks meant to reduce the U.S. trade deficit with China. The trade talks fail by July. August 2017 Trump launches an investigation into alleged Chinese theft of U.S. intellectual property, which the U.S. estimated was costing it up to $600 billion a year. January 2018 The U.S. announces 30% tariffs on imported solar panels, which come mostly from China. April 2018 Beijing hits back with tariffs on U.S. imports worth about $3 billion, including 15% duties on products including fruits, nuts, wine and steel pipes, and a 25% tax on pork, recycled aluminum and six other types of goods. A day later, the U.S. ups the ante by slapping a 25% tax on Chinese goods from the aerospace, machinery and medical industries worth about $50 billion. China retaliates with 25% duties on aircraft, automobiles, soybeans and chemicals among other imports, worth about another $50 billion. June-August 2018 The two countries impose at least three more rounds of tit-for-tat tariffs affecting more than $250 billion worth of Chinese goods and more than $110 billion worth of U.S. imports to China. These include 10% tariffs on $200 billion of Chinese goods that take effect in September 2018 and are supposed to increase to 25% on Jan. 1, 2019. December 2018-May 2019 Washington and Beijing fail to iron out a trade deal after agreeing to halt new tariffs in December 2018. After the talks collapse, Trump goes ahead and raises tariffs from 10% to 25% on $200 billion worth of Chinese goods. May 2019 Washington bans Chinese technology company Huawei from buying parts and components from U.S. companies. June 2019 Trump and Xi agree in a phone call to restart trade talks, but these hit numerous snags in the next five months. January 2020 The U.S. and China sign a Phase One […]