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1,300 Chinese goods face tariffs in US

 

WASHINGTON – The United States has published a list identifying roughly 1,300 Chinese goods that could face duties of 25 percent.

The list of $50 billion in Chinese imports set to be hit by US tariffs is the latest in an escalating trade war between US and China.

It came a day after China imposed duties on about $3 billion in US exports such as pork, wine and fruit, a countermeasure to US metal tariffs.

The new US list published Tuesday includes electronics, aircraft parts, satellites, medicine, machinery and other goods.

“The proposed list of products is based on extensive interagency economic analysis and would target products that benefit from China’s industrial plans while minimizing the impact on the US economy,” the office of US Trade Representative Robert Lighthizer said in a statement.

The list still remains subject to a review process expected to last until May before it can take effect.

China slammed the move as “unilateralist and protectionist”, and said it violated the principles of the World Trade Organization.

“It serves neither China’s interest, nor US interest, even less the interest of the global economy… The Chinese side will resort to the WTO dispute settlement mechanism and take corresponding measures of equal scale and strength against US products in accordance with Chinese law.”

The commerce ministry in Beijing said the countermeasures will be announced “in the coming days.”

Experts say Beijing was likely to retaliate again by targeting US exports of soybeans and Boeing aircraft – two sectors highly dependent on the Chinese market. JMYDS/Expat Media

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