Some of those tariffs, which are paid by American importers, have been in place for nearly four years. Former President Donald Trump’s controversial trade war with China began in 2018 when he slapped tariffs on $50 billion of Chinese-made goods. Over the next year, he added duties to more items after Beijing retaliated with tariffs on some American-made products.
After months of escalation, Trump and Chinese President Xi Jinping came to a truce at the beginning of 2020, signing what’s known as the Phase One agreement. It reduced the rate of some of the tariffs, but left them in place, and…
