China Slams 25-Percent Tariff On American Cars And Motorcycles

Trump going ahead with tariffs on $16B in Chinese imports

First round of US tariffs on Chinese goods to hit $50B – USTR

The U.S. Trade Representative's Office is reviewing tariffs on a further US$200 billion in Chinese imports and those duties could start once a comment period ends on September 6.

China has threatened to retaliate on any additional United States tariffs tit-for-tat.

U.S. tariffs on Chinese goods are set to hit $50 billion from August 23.

The United States Trade Representative has green lighted electric bikes and associated motors sourced from China to be subject to a 25% tariff, starting August 23rd.

United States industries and farmers have been caught in the crossfire, and the Trump administration announced $12 billion in aid to help farmers hurt by Chinese duties on crops such as soybeans.

The 279 items that will be hit with tariffs at the end of August are mostly industrial goods such as tractors, plastic tubes, and measurement equipment like speedometers.

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The U.S. government says the tariffs will give it leverage to challenge Beijing's trade policies, adding that it will soon release details on how companies can apply for exclusions. Last week Trump threatened to jack up the tariff rate on the next $200 billion in Chinese imports it plans to target to 25 percent, from the previously stated 10 percent.

April 4: China rolls out a listof more than 100 U.S. goods worth roughly $50 billion that are subject to retaliatory tariffs.

Beijing has called on USA officials to be "cool headed", but has warned it will retaliate against any tariffs with its own measures. "They are aimed at fellow Americans", the economist said.

The latest commentary from state media on Wednesday took a softer line after resorting to personal attacks against Trump earlier in the week, saying China could get through the storm but refrained from directly mentioning the USA president. Schneider National Carriers Inc. and other firms testified during a hearing July 24-25 in Washington that there are no U.S. manufacturers and that the containers are nearly exclusively made in China.

"With each successive round of tariffs, Trump continues to back China into a corner, forcing Beijing to respond in kind", said James Zimmerman, a partner in the Beijing office of Perkins Coie. "By continuing to up the ante, Trump is, in effect, publicly demanding an unconditional surrender from Beijing".

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