US May List Tariffs On $200 Billion More Chinese Products

Chairman Xi speaks at the National People’s Congress in Beijing

Chairman Xi speaks at the National People’s Congress in Beijing

But the new tariffs will not be imposed until the end of a two-month public comment period.

The additional US tariffs, which will go through a two-month approval process including a public hearing, come after China retaliated in a tit-for-tat trade skirmish last week.

The tariff list could be released as soon as Tuesday, and likely this week, the report said.

The Trump administration is readying tariffs on another $200 billion USA in Chinese imports, ranging from burglar alarms to mackerel.

The United States began imposing tariffs on US$34 billion in Chinese goods at 12:01 a.m. (0401 GMT) on Friday. "There is no justification for such action", he said in a statement.

On Friday, the US slapped 25 percent taxes on $34 billion in Chinese imports, a lot of them are industrial goods that the Trump administration says receive subsidies or other unfair support from Beijing.

More than 6,031 product lines are affected by the proposed tariffs, including seafood, fruits and vegetables, grains, tobacco, vehicle rearview mirrors and burglar alarms.

US Senate Finance Committe chairman Orrin Hatch labelled the move as "reckless", while the US retail industry leaders assocation immediately condemned the move, saying the "the President has broken his promise".

Chinese tariffs have already taken a toll on USA exports such as soybeans, which raises questions about the possible political repercussions President Trump could face from farmers who supported him in the 2016 election.

Some countries have already announced retaliatory tariffs and other moves that USA industries have said forced them to curb plans for expansion and investments overseas. He said one has shifted final assembly of goods from China to a newly created American unit.

Beijing has vowed to respond in kind to any USA trade action.

The International Monetary Fund has warned that a full-blown trade war could undermine the broadest global upswing in years. But Mr Trump hasn't backed down, arguing that China's unfair trading practices are hurting American workers. Chinese tactics, the administration said, include outright cybertheft and forcing U.S. companies to hand over technology in exchange for access to the Chinese market.

The Trump administration has accused companies in China of repeatedly committing intellectual property theft and other unfair trade practices, while it says China's government remains unresponsive to its concerns.

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