GUIDANCE

Here Are the Major Takeaways From Trump's Tariff List

Apr 4, 2018 | 22:13 GMT

Chinese children peek from behind a trash can at a McDonald's in Beijing in October 2000, the month the United States granted China permanent normal trade relations.

(STEPHEN SHAVER/AFP/Getty Images)

Highlights

China and the United States again upped the trade ante with their latest tit-for-tat tariff measures announced this week, as Washington continues to implement its trade and investment agenda against Beijing.
Although negotiations have begun behind the scenes and China is offering certain concessions, it is not clear whether the United States is willing to accept them; more likely than not, most of these tariffs will be implemented in the future.
So far, China has responded in kind to each move the United States has made and will continue to do so as Washington wraps up its third front against China in the coming weeks: restrictions on Chinese investment into strategic sectors in the United States.

The consequences of the U.S. fight with China over trade are slowly coming into focus. On April 3, President Donald Trump's administration unveiled a list of 1,333 products to which it intends to apply a 25 percent tariff. In 2017, these goods altogether were worth about $50 billion in trade. Just a few hours later, China released its proportional response: 25 percent tariffs on 106 products, also worth $50 billion in trade. Now that Stratfor has both countries' tariff lists in hand, we can assess what matters and what doesn't about the goods China and the United States have chosen to target, and we can anticipate the course of any possible negotiations between the two....

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