Who Has Reacted to U.S. Tariffs?

Byline: Sarah Feldman

An estimated $630 billion worth of traded goods is caught in the crossfire of President Trump's trade war. While the U.S. has enacted tariffs on $524 billion of goods, the countries and economic zones at the other end of the tax have pushed back with retaliatory taxes.

As it stands now, China has pushed back the hardest against U.S. tariffs. With the newest round of trade talks stalled, the total number of tariffs the Chinese have placed on U.S. goods now numbers over $97 billion. In that same vein, U.S. tariffs targeting Chinese goods now total around $240 billion. Likewise, the EU is now pushing back with tariffs targeting U.S. goods totaling around $3 billion.

These taxes increase the cost of doing business. By and...