The U.S. Trade Representative on Tuesday released its proposed list of Section 301 tariffs on Chinese goods. If implemented, a 25 percent duty would be placed on 1,300 tariff lines amounting to $50 billion worth of Chinese goods.
Public comments on the recommended tariffs are due May 11. The Section 301 Committee will hold a public hearing on May 15, and post-hearing comments are due May 22.
China responded yesterday with its proposal to levy retaliatory tariffs of 25 percent amounting to $50 billion worth of U.S. goods including soybeans wheat, corn, cotton, sorghum, tobacco and beef.
Dairy products were not included.
View the GAIN report for the complete list of agriculture products included in the proposed retaliatory tariffs from China.
For more information, contact Beth Hughes, IDFA director of international affairs, at email@example.com.