U.S. eyes tariffs on $200B more Chinese imports

The Latest: China raises tariffs on optical fiber materials

The consultation process for the new list will probably last about two months, including public hearings to take place from August 20 to 23, two senior administration officials said Tuesday on a conference call with reporters. Much of what the U.S. imports from China is apparel, handbags, shoes and electronics - products that were largely spared in earlier tariff lists. Another source who is familiar with the situation confirmed the Bloomberg report to Reuters.

The Trump administration is readying tariffs on another $200 billion in Chinese imports, ranging from burglar alarms to mackerel, escalating a trade war between the world's two biggest economies.

The move makes good on the president's threat to respond to China's retaliation for the initial USA tariffs on $34 billion in Chinese goods, which went into effect on Friday and would eventually place almost half of all Chinese imports under tariffs.

Companies are "scrambling to readjust supply chains" so goods bound for the United States don't pass through China, Harborn said at a news conference.

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Following the tragic crash, Audi's brother, Daniel Trinidad , told the nypost that the family was devastated over the sudden loss. The driver of the pickup, a 44-year-old Maryland , was treated and released from the hospital with non-life-threatening injuries.


Also Monday, German automaker BMW AG said it would raise prices on US-built SUVs exported China due to higher tariffs.

Up until now, only a few companies, including Harley-Davidson Inc. and Brown-Forman Corp., have publicly said the tariffs will affect their businesses, as most USA retailers and consumer brands were spared in the first round of tariffs on Chinese imports. Industry groups have also highlighted the duties' potential to derail USA economic growth.

The move comes just days after the U.S. and China imposed tit-for-tat tariffs of $34bn on the other countries' goods.

Administration officials said they hoped the measures would convince the Chinese government to increase market access for United States companies and address allegations of the theft of intellectual property.

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The Office of the U.S. Trade Representative published the list of more than 6,031 product lines Tuesday and proposed 10 per cent tariffs on them. "We can not turn a blind eye to China's mercantilist trade practices, but this action falls short of a strategy that will give the administration negotiating leverage with China while maintaining the long-term health and prosperity of the American economy".

The White House has complained that China has used predatory practices in a relentless push to grant Chinese companies an unfair advantage in the industries of the future, including robotics, electric cars and biopharmaceuticals.

The U.S. Chamber of Commerce, which has supported Mr Trump's tax cuts and efforts to reduce regulation of businesses, also criticised the administration's move.

"We expect this will have a meaningful impact on US consumer inflation as well as a meaningful drag on US GDP growth", he said in an interview, citing the Chinese government's pledge to retaliate against new US duties.

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