https://techcrunch.com/2019/05/10/how-the-trade-war-with-china-hit-ubers-public-offering/ > Uber’s much heralded public offering has arrived not so much with a bang as with a whimper, thanks largely to the ongoing trade war between the U.S. and China. > Overnight, the U.S. government made good on the threat from President Donald Trump to hike tariffs on $200 billion worth of Chinese goods to 25 percent up from 10 percent.