Trump Slaps 25% Tariff on China’s Top Export: COVID-19
by Maxwell Paddington
May 12, 2020
BEIJING, CHINA — President Trump ordered a new round of tariffs on China’s most valuable export, the Coronavirus. COVID-19, alone, represented a $2.14 trillion U.S. trade deficit with China in it’s first two months. The Chinese-made virus, produced in Wuhan, was not projected to have much of a domestic market thus the government restricted supplies within its own borders, instead focusing on exporting to foreign markets.
COVID-19 has proven to be China’s most prolific commodity, garnering $4.1 Trillion in global exports to more than 190 countries. The Chinese government has modestly downplayed the success of its latest cash cow, while many of it’s own citizens protest COVID-19’s limited domestic availability.
Trump is imposing a 25% tariff on COVID-19 imports to the U.S. which will so far cost China $535 billion. In retaliation, China is suing the U.S. in the World Court over international copyright infringement claiming at least 1.37 million Americans are producing their own copies of the virus.
Pictured above: The COVID-19 trade deficit was facilitated by the initial denial by China that the virus could be transmitted between humans, the silencing or “disappearing” of doctors who tried to speak up, the destruction of evidence in laboratories and refusal to provide live samples to international scientists working on a vaccine. Online sales to the U.S. increased when China began censoring news of the virus on search engines and social media beginning Dec. 31, deleting terms including “SARS variation,” “Wuhan Seafood market” and “Wuhan Unknown Pneumonia.”
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