- China responded to US President Donald Trump’s tariffs with trade restrictions of its own on Friday.
- The Chinese tariffs will apply to $US34 billion worth of US exports to China.
- The list of goods affected by the tariffs includes soybeans, pork, fish, orange juice, and whiskey.
- Here’s a rundown of the major products.
The trade war between the US and China officially launched on Friday, as both countries imposed tit-for-tat tariffs.
In response to US President Donald Trump’s 25% tariff on $US34 billion worth of Chinese goods, China’s Ministry of Commerce announced tariffs of equal size on certain US exports to China.
It said the first $US34 billion would be followed up by another $US16 billion once the US’s second tranche goes into effect in a few weeks.
While Trump’s tariffs mostly target industrial and tech goods, China is focusing heavily on agricultural products from the US – a move that is likely to not only cause pain to Trump’s political supporters, but leave US farmers with fewer options to divert their crops.
For instance, a US cherry producer told The Washington Post this week that a shipment to China was diverted for further inspection and went bad, resulting in a loss for the US firm. While it’s unclear whether the delay was due to the trade fight, it highlights the danger for farmers caused by increased protectionism.
China last month released a preliminary list of goods that could face tariffs. While it’s unclear whether the final list is the same, the speed with which China struck back suggests few changes were made.
Here’s a rundown of the major categories of US goods targeted by the tariffs:
- Meat: pork, beef, chicken, duck, and various smoked meats.
- Fish: various types of salmon, trout, catfish, carp, tilapia, halibut, plaice, sole, albacore, tuna, herring, cod, haddock, hake, pollock, dogfish, rays, skates, sea bass, fish roe. Also includes frozen fillets of those fish.
- Other seafood: lobster, rock lobster, crab, shrimp, prawns, oysters, scallops, mussels, squid, cuttlefish, octopus, snails, clams, abalone, conchs, sea cucumbers, sea urchins, jellyfish, and various aquatic invertebrates. Also includes prepared or preserved preparations.
- Dairy: milk and cream of various fat contents, sweetened milk and cream, yogurt, buttermilk, whey, butter, dairy spreads, and various types of cheese.
- Vegetables and other produce: potatoes, tomatoes, onions, shallots, garlic, peas, celery, pumpkins, mushrooms, truffles, chickpeas, various types of beans, lentils.
- Nuts: coconuts, cashews, almonds, hazelnuts, walnuts, pistachios, and macadamia nuts.
- Fruits: figs, oranges, mandarins (including tangerines), grapefruit, lemons, limes, grapes, apples, pears, quinces, apricots, cherries, peaches, plums, cranberries, blueberries, various other types of berries. Also includes dried varieties of apricots, prunes, apples, and others, as well as fresh and frozen orange juice.
- Grains and grain derivatives: wheat, corn, rice, sorghum, corn flour, cereal flour, soybeans, and cotton linters.
- Alcohol: ethyl-alcohol spirits, whiskeys, and brewing/distilling dregs.
- Dog and cat food
- Tobacco products: raw tobacco, cigars, cigarettes, and waterpipe tobacco.
- Vehicles: certain types of electric cars, hybrid cars, small-engine vehicles, and gearboxes for motor vehicles.
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