Published: Wed, July 11, 2018
People | By Leon Thompson

US May List Tariffs On $200 Billion More Chinese Products

US May List Tariffs On $200 Billion More Chinese Products

The United States has made a decision to impose tariffs on $US200 billion ($279 billion) worth of imports from China after efforts to negotiate a solution to the trade dispute failed to reach an agreement, senior administration officials said on Tuesday.

The list of goods affected by the new tariffs includes seafood, fruits and vegetables, grains and tobacco.

The United States began imposing tariffs on $34 billion in Chinese goods at 12:01 a.m. EDT (0401 GMT) on Friday. "Unfortunately, China has not changed its behavior - behavior that puts the future of the US economy at risk".

The move drew immediate condemnation from Senate Finance Chairman Orrin Hatch, a Republican from Utah, who called it "reckless" and not "targeted".

On Friday, the USA slapped 25 percent taxes on $34 billion in Chinese imports, a lot of them are industrial goods that the Trump administration says receive subsidies or other unfair support from Beijing.

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Some countries have already announced retaliatory tariffs and other moves that USA industries have said forced them to curb plans for expansion and investments overseas.

In addition, the U.S.is considering separate duties on a further US$16 billion in Chinese goods, after a public hearing later this month. China has vowed to retaliate dollar-for-dollar to any further US tariffs.

The additional USA tariffs, which will go through a two-month approval process including a public hearing, come after China retaliated in a tit-for-tat trade skirmish last week.

"The Trump administration is gambling that by wielding such a big club, it will force China to back down", said Edward Alden, a senior fellow at the Council on Foreign Relations. The global tally for retaliation against U.S. exports, including by Canada, Mexico and the European Union over steel and aluminum tariffs, will be some $75 billion, according to an analysis by the U.S. Chamber of Commerce.

Trump has been considering tariffs against China since his officials concluded in March that Beijing violates USA intellectual-property rights, such as by forcing American firms to hand over technology.

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