According to a poll by Reuters, Chinese residents at the street level are largely unbothered by US President Trump's bluster and swapping of trade war rhetoric with China, though some mixed feelings on exactly how China should respond to the US.
President TrumpDonald John TrumpDems make history, and other takeaways from Tuesday's primaries Pawlenty loses comeback bid in Minnesota Establishment-backed Vukmir wins Wisconsin GOP Senate primary MORE is claiming that steel tariffs imposed on China and other foreign nations will rescue the USA steel industry.
Below is a review of the worldwide trade spat so far this year.
US President Donald Trump approved in January recommendations to impose a safeguard tariff on solar imports of 30% that will be reduced to 25% in the second year, 20% in the third, and 15% in the fourth.
In response, South Korea, one of USA major sources of washing machine imports, said it will "actively respond to US trade protectionism".
Washington took action under the United States 1974 Act in place of the World Trade Organization. US officials say such action is necessary because the WTO lacks the ability to address Chinese trade tactics.
WTO complaints begin with negotiations between the parties to the conflict.
On May 31, Canada announced it would impose "dollar-for-dollar" tariffs on 16.6 billion Canadian dollars (12.7 billion dollars) worth of USA imports on July 1 if Washington does not drop its steel and aluminum tariff threat.
Despite Trump's praise, The Journal notes that, though some some steelmakers are expanding production in the US, other USA manufacturers are still dependent on imported metals. Mexico's economy minister, Ildefonso Guajardo, said the tariffs will affect some 3 billion dollars in value terms.
One Chinese executive, speaking on condition of anonymity, told Reuters that USA solar tariffs were a "sideshow" and had little effect on Chinese business.
Trump responded immediately to the EU's move by threatening a 20 percent tariff on cars assembled in the European Union and sold to the United States. The president has also said the tariffs have been created to promote better trade deals.
Earlier, Beijing filed a separate WTO challenge on July 16 to Trump's proposal for yet another round of increases that would add 25 percent import duties on an additional $200 billion of Chinese goods.