#chinaopposesusproposed7.5%tariff
US-China Trade War — 2025–2026 By the Numbers
US effective tariff rate on Chinese goods — 47.5% (2025 peak)
China retaliation tariff on US goods — 34%+ (April 2025)
US tariff on Chinese goods at peak — 104% (April 2025, brief)
US average tariff rate across all countries — 17% (up from under 5% in 2024)
China trade surplus 2025 — $1.2 trillion (all-time record despite tariff war)
Cost to average US household — $1,500–$2,800/year (Tax Foundation / Yale Budget Lab)
US trade deficit 2025 — $901.5B (barely changed despite tariffs)
US smartphone imports from China — fell $18B
India smartphone exports to US — rose $15B (beneficiary of supply chain shift)

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