The Chinese imports that will be hit hardest by the new round of proposed US tariffs

Business Insider | 7/11/2018 | David Scutt, Business Insider Australia
Click For Photo: https://amp.businessinsider.com/images/5b45b1907b67142d058b458b-960-480.jpg

The US has already applied tariffs on $34 billion worth of Chinese imports. Another $16 billion are expected to be implemented within the next two weeks.

The US Trade Representative has released a list of around 6,000 Chinese goods, totalling $200 billion, that could be hit with additional 10% tariffs by the end of August.

UBS - Tariffs

UBS says the new tariffs are likely to be implemented.

With $34 billion in tariffs already in place, and another $16 billion arriving within the next two weeks, the US is now planning to apply even more tariffs on Chinese imports.

Statement - US - Trade - Representative - Tuesday

In statement from the US Trade Representative released late Tuesday, it offered a list of around 6,000 goods, totalling $200 billion, that could be hit with additional 10% tariffs by the end of August.

The table below from UBS provides a rough guide on what imports will be affected most, detailing the dollar value of imports being targeted based on trade data from last year.

It shows the new...
(Excerpt) Read more at: Business Insider
Wake Up To Breaking News!
Governemnt sponsored segratation of America, one household at a time.
Sign In or Register to comment.

Welcome to Long Room!

Where The World Finds Its News!