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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.
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