The Trump administration on Tuesday announced a list of tariffs on $200 billion in Chinese goods, making good on the president’s recent threats to escalate a broadening trade war with Beijing.
“The $200 billion figure we’re looking at is roughly equal to their exports to us,” a senior administration official said.
The tariffs will undergo a two-month review process, with hearings on Aug. 20 to 23rd
Here is the List of the New Tariffs
- Lubricating oils
- Polymers used in things such as clear plastic wrap and Styrofoam coolers
- Resins and other industrial chemicals
- Plastic tubes and pipes
- Plates, sheets, film, foil, and strips of various plastics and polymers
- Engines for industrial equipment
- Agricultural equipment such as irrigation systems and seeders
- Tractors
- Specialty motor vehicles
- Floating docks
- Thermometers
- Speedometers
- Measuring equipment for everything from electrical currents to liquid supply
List of the First Round of Tariffs
- Aircraft tires
- Nuclear reactors
- Boat motors
- Aircraft engines and engine parts
- Air and gas compressors, which are used in various goods like refrigerators
- Industrial heating equipment
- Scales, mostly for weighing large industrial equipment
- Cranes and other “lifting equipment”
- Bulldozers, backhoes, tampers, boring machines, and other large construction vehicles
- Oil and gas drilling platform parts
- Plows, mowers, combine harvester-threshers, and other large agricultural vehicles
- Dairy milkers, chicken incubators, and other livestock equipment
- Machinery for foods processing, including meat processing and fruit processing
- Machinery for making paper cardboard and other paper products
- Parts of printers and copy machines
- Machinery for processing and molding metals or cement, and their parts
- Machinery for making glass products, including lightbulbs
- Machinery for making rubber or plastic goods
- Ball bearings
- DC and AC generators of various sizes and power levels
- Electricity transformers
- Industrial magnets
- Lithium batteries and other batteries
- Industrial ovens and furnaces
- Radar and radio equipment
- Parts for televisions, video-recording equipment, and similar video products
- Electronic traffics signs
- Electrical equipment such as resistors and circuit breakers
- LEDs
- Trains and rail parts
- Large vehicles using both diesel and non-diesel fuel
- Some cars and trucks, motorcycles, helicopters, airplanes, and spacecraft
- Microscopes and telescopes
- Lasers
- Imaging and navigational equipment
- Medical equipment such as X-rays and pacemakers
- Scientific equipment such as pressure gauges and spectrometer
SOURCE: USTR
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Way to go Mr. Trump