USTR List of Tariffs on $200 Billion in Chinese Goods ReleasedUSTR List of Tariffs on $200 Billion in Chinese Goods Released
- July 11, 2018
President Trump took another stab at the ongoing trade war between the United States and China on Tuesday, as the U.S. Trade Representative released a list of tariffs on $200 billion in Chinese products. The proposed list consists of a 10 percent tariff on 6,031 8-digit tariff lines. This announcement comes after President Trump threatened he would broaden the trade conflict due to “China’s retaliation and failure to change its practices” since the U.S. issued the first list of tariffs.
A complete list of the products subjected to tariffs can be found here on the U.S. Trade Representative website.
The new proposed tariffs won’t go into effect immediately, undergoing a two-month review. The timeline of the proposed list is below:
- July 27: Testimony for or against an item on the list are due
- August 17: Written comments are due
- August 20-23: Hearings being held
- August 30: Decision due after this date
USTR officials considered the items likely to impact consumers and removed some tariffs that could cause disruptions and threats to the U.S. economy. Some of the items still on the list include food, fabrics, televisions, batteries, appliances and more. Also proposed on the list are items from Made in China 2025, a blueprint for China to become dominant in advanced industries through technology.
U.S. Trade Representative Robert Lighthizer stated, “This is an appropriate response under the authority of Section 301 to obtain the elimination of China’s harmful industrial policies.” He also said that the Trump administration has urged China to “stop its unfair practices, open its market, and engage in true market competition.”
Just last week, the Trump administration imposed a 25 percent tariff on 818 Chinese goods, valuing $34 billion. An additional tariff valuing $16 billion worth of Chinese products is expected to go into effect sometime soon, but no set date yet.
