June 15, 2018
China’s Revised Retaliation List
China issues an updated $50 billion retaliation list of 25 percent
tariffs. It targets roughly $45 billion of US exports to China in
2017, including a lot of agricultural and food products.
June 18, 2018
Trump Asks for More Tariffs
In response to China’s retaliatory tariffs announced June 15,
2018, President Trump directs the US Trade Representative to
identify an additional $200 billion worth of Chinese goods for
additional tariffs at a rate of 10 percent. This is on top of the $50
billion list on June 15. He also threatens another $200 billion of
tariffs if China retaliates again.
July 6, 2018
US and China Impose First Phase of June 15 Tariff Lists
US tariffs on $34 billion of Chinese imports go into effect, the
first phase of its June 15 $50 billion list. In parallel with President
Trump’s tariffs, China’s tariffs on the first $34 billion of its $50
billion list of US imports also go into effect.
July 10, 2018
USTR Announces $200 Billion Tariffs on China
Following up on the June 18 request, the US Trade
Representative releases a list of $200 billion of imports from
China to be subjected to new 10 percent tariffs after public
hearings in August. Intermediate goods, like computer and auto
parts, make up 47 percent of the list. Consumer goods are more
heavily targeted – including telephones, computers, furniture,
lamps, and luggage.
July 20, 2018
Trump Threatens Tariffs on All Imports from China
In an interview, Trump says he is ready to impose tariffs on
all US imports from China, which totaled $504 billion in 2017.
The threat covers the remaining $262 billion of imports not
already under previous tariffs or being investigated as previously
announced under the Section 301 investigation. Capital goods
and consumer products would be the primary targets, since
intermediate inputs were already previously targeted, and
include mobile phones, laptops, and clothing.
July 24, 2018
Subsidies for American Farmers After Export Fallout
The US administration announces it will subsidize American
farmers for up to $12 billion for their lost export sales resulting
from all of the president’s tariffs (including steel and aluminum)
using a law that supported farmers during the Great Depression.
A total of $27 billion of US agriculture exports are being affected,
like soybeans, corn, nuts, fruit, and beef.
August 1, 2018
Trump Wants 25 Percent Tariffs, Not 10 Percent
Following Trump’s direction, the US Trade Representative
considers a 25 percent tariff rate rather than the 10 percent rate
on the list of $200 billion of imports released July 10.
August 3, 2018
China Threatens $60 Billion Tariffs
China warns it could add duties of 5 to 25 percent on $60 billion
of US goods following Trump’s threat to raise proposed tariff
rates on $200 billion of Chinese goods from 10 to 25 percent as
well as potentially cover all $500 billion of imports from China
with tariffs.
August 7, 2018
USTR Finalizes Second Tranche of Tariffs
The Trump administration releases a revision to the second
phase of its $50 billion list, announcing that $16 billion of
imports from China will be subject to a higher 25 percent tariff
rate, going into effect on August 23. After public hearings, the
US Trade Representative removed only 5 of the 284 products
subject to the list published on June 15. Those products include
alginic acid, splitting machines, containers, floating docks, and
microtomes—imports worth $400 million in 2017.
96 The TRUMP RALLY Publication