China responded to U.S. tariffs with an 84% levy on American exports, jeopardizing trade and jobs. This unprecedented move by a major U.S. importer raises economic concerns. In 2024, U.S. exports to China totaled $143.5 billion, a slight decrease from the previous year. These exports supported over 930,000 U.S. jobs in 2022, surpassing combined job support from other Asian markets. China was the U.S.'s third-largest export market in 2023, with oilseeds and grains being top exports. Texas, California, and Louisiana were the leading U.S. exporters to China. Trump's tariffs aim to reshape the global economy, but economists fear potential recession. The new tariffs on Chinese products bring the total levy to 104%. The U.S. trade deficit with China has been significant since 2005, reaching a peak during Trump's first term. Major U.S. imports from China include electronics, machinery, and various consumer goods.
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