Tariffs, Talks, and Trade Wars: The U.S.-China Trade ConflictOver the past year, the Trump Administration has imposed steep tariffs on billions of dollars’ worth of products from the European Union, Canada, Mexico and, in particular, China. The affected countries have responded with their own tariffs on thousands of U.S. goods. With some of the world’s wealthiest economies at each other’s throats, the foundation of global trade is being rocked to its core.