From Tequila to TV Cameras — Here Is a List of US Goods China Is Targeting With a 25% Tariff - NBC 7 San Diego
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From Tequila to TV Cameras — Here Is a List of US Goods China Is Targeting With a 25% Tariff

Among the food products affected are certain kinds of beef, plant-based spices and cooking oils

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    NEWSLETTERS

    China upped the ante Monday in the ongoing tit-for-tat trade war between the world’s top economies.

    Beijing said it will raise tariffs on $60 billion in U.S. goods on June 1 in retaliation for President Donald Trump’s decision last week to hike duties on Chinese goods. This includes raising tariffs on more than 5,000 U.S. products to as high as 25%, the Chinese Finance Ministry said Monday.

    Stocks fell sharply on Monday, with the Dow Jones Industrial Average trading down more than 700 points. The S&P 500 and Nasdaq were headed for their worst day of the year, while the Dow was on pace to post its biggest one-day loss since Jan. 3.

    Below is a list of some of the 2,493 U.S. goods that will be subject to a 25% tariff.

    Food products

    • Frozen, dried, smoked and salted beef
    • Honey
    • Frozen spinach and legumes including peas, beans and lentils
    • Fine and coarse rice, corn and wheat flour as well as processed oats
    • Any plant mainly used as a spice
    • Virgin olive oil, peanut oil, soybean oil, sunflower oil, coconut oil and sesame oil
    • Soda and bottled water
    • Spirits including gin, tequila, vodka and other distilled spirits and alcoholic beverages

    Building materials

    • Building stone, bricks, panels and floor tiles
    • Wall and ceiling coverings
    • Pipes and tubes
    • Wood flooring and carpets
    • Small tools including handsaws, scissors and other blades
    • Tools used for drilling, milling or boring
    US Raises Tariffs on Chinese Imports by 25 PercentUS Raises Tariffs on Chinese Imports by 25 Percent

    The U.S. hiked tariffs against Chinese imported goods yet again, bringing duties from 10% on $200 billion to 25% on $250 billion worth of goods. Industries reliant on trade between the US and China says they will have to pass the higher fees onto U.S. consumers.

    (Published Friday, May 10, 2019)

      Consumer goods

      • Furniture including metal or wood frames for upholstered furniture
      • Bedding and sleeping bags
      • Footwear including leather and rubber boots, sports shoes and accessories for shoes
      • Hats, umbrellas and walking sticks
      • Lighting fixtures
      • Watches and clocks
      • Musical instruments including upright pianos, stringed instruments, wind instruments and keyboards

      Transport

      • Parts for railway or tramway locomotives
      • Track signal equipment for railway or tramway
      • Sailboats, motorboats and yachts
      • Canoes and other recreational vessels

      Electronics

      • Coffee makers, hair dryers, microwaves, space heaters, electric ovens
      • Television broadcast cameras
      • Telecommunications equipment
      • Microphones, headphones, speakers, recorders, DVD players and other accessories for video and audio equipment

      Natural resources and chemicals

      • Rocks including granite, marble, chalk and sandstone
      • Precious and semiprecious stones including diamonds, rubies and emeralds
      • Metal ores including iron, nickel, zinc, titanium and zirconium
      • Natural liquid gas
      • Fertilizers
      • Chemicals including chlorine, iodine and sulfuric acid
      • Dyes and pigment

      This story first appeared on CNBC.com. Get more at CNBC: