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Trade War Round 2: US Releases China Tariff List Targeting 1,300 Products


Assuring that a second retaliation by China in the escalating trade war is just a matter of days if not hours, moments ago the US Trade Representativereleased a listof Chinese product subject to 25% tariffs as part of Trump's Section 301 crackdown on Beijing Intellectual Property abuses, focusing on China's high tech product push.


Thelistcovers about 1,300 tariff lines, or 44 pages, the USTR said referring to a system of codes used to categorize products. It added that the value of the listis approximately $50 billion in terms of estimated annual trade value for calendar year 2018,a level which is "appropriate both in light of the estimated harm to the U.S. economy, and to obtain elimination of China’s harmful acts, policies, and practices."
Some example of are shown below:


Below we list the top US imports from China. Not surprisingly, most are found in the new tariff list:
Telecom equipment
Office equipment
Seats (professional chairs)
Auto parts
Lamps & lighting
Suitcases & bags


What else is in the list?
“Stuff that you put on your body: spared. Stuff you put in your home: targeted,”said Hun Quach, vice president of international trade for the Retail Industry Leaders Association. Some more details from Bloomberg:

德国零售业领袖协会国际贸易副总裁Hun Quach说:“带在你身上的东西:幸免。放在你家里的东西:针对”。

In some cases the tariffs targeted raw materials and components used to assemble finished goods in the U.S., such as ingredients for insulin, while in others the items were complete products, like Chinese-assembled cars.Many of the affected products were machines used to make other things, vexing factory owners accustomed to being praised by Trump for manufacturing in the U.S.


While apparel and footwear won’t get additional tariffs, some equipment used to make them, like textile printers and injection molders for shoes, are getting taxed. “Tariffs on certain machinery will make American-made products more expensive,” said Matthew Shay, president of the National Retail Federation, in a statement.


With the list published, the National Association of Manufacturers will be consulting with its members about what specific products on the list it may oppose and try to get removed during the comment period, spokesman Michael Short said. The group urged Trump to pursue a bilateral trade agreement with China rather than act on its own.

发言人Michael Short说,该名单公布后,全国制造商协会将与会员就其可能反对的具体产品进行磋商,并设法在讨论期间删除。该协会敦促特朗普与中国达成双边贸易协定,而不是单独行动。

Trade industry associations also said they are expressing their concerns about the tariffs publicly and privately with the administration and will be active during during the comment and review period to determine the final list of products subject to tariffs.


The list of products included in the USTR list also lines up with technologies China identified in its “Made in China 2025”strategy, White House trade adviser Peter Navarrotold Bloomberg Televisionon March 28.


“China, in my view, brazenly has released this China 2025 plan that basically told the rest of the world, ‘We’re going to dominate every single emerging industry of the future, and therefore your economies aren’t going to have a future,”’ Navarro said. “It’s artificial intelligence, robotics, quantum computing.”


As a reminder, "Made in China 2025" was announced in 2015, and highlighted 10 sectors that need support on the way to China becoming an advanced manufacturing power; these include:Information technology, high-end machinery and robotics, aerospace, marine equipment and ships, advanced rail transport, new-energy vehicles, electric power, agricultural machinery, new materials, and bio-medical.China also has a separate development strategy for artificial intelligence, published in 2017.

作为提醒,“中国制造2025”是在2015年宣布的,并强调了在中国成为先进的制造强国的道路上需要支持的10个领域; 这些领域包括:信息技术、高端机械和机器人技术、航空航天、水上设备和船舶、先进的铁路运输、新能源汽车、电力、农业机械、新材料和生物医学。中国也有一个单独的人工智能发展战略,在2017年公布。

While both investors and businesses have been awaiting details of Trump’s plan to place tariffs on $50 billion in Chinese goods, nobody was looking forward to the list more than China itself. As wereported this morning, China's US Ambassador said that Beijing is preparing aggressive counter-measures of the “same proportion, scale and intensity" once the Trump administration imposes further tariffs on Chinese goods.


USTR Robert Lighthizer had until April 6 to publish a list of proposed products. There’s now a 60-day period when the public can provide feedback and the government holds hearings on the tariffs.


Back on March 22, Trump said that the tariffs wereaimed at penalizing Beijing for what the U.S. alleges to be theft of American companies’ intellectual property.