The United States has published a list of Chinese products to which tariffs could apply as part of a further escalation of the trade war



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US trade authorities have published a list of Chinese imports on which tariffs could be raised reach its goal of $ 300,000 million. The document, which mentions elements such as laptops, worsens a commercial war which shook the markets and fueled the fear of global economic growth.

The retaliation announced by China on Monday has not eased US pressure. same Donald Trump downplayed Beijing's decision. "I said: agree, agree, put the tariffs", said to the White House. And he warned that his executive "has the right" to impose a 25% tariff on an additional 325,000 million dollars, although he acknowledged that "still" he did not take decision about it.

Whatever the case may be, the US Trade Representative's office unveiled the hypothesis of an additional tax plan providing for a payroll of 3,805 categories. The document "basically covers all products" that are not already subject to punitive tariffssaid the representative, with a few exceptions.

The nearly 140-page list covers a wide variety of consumer products such as clothing, shoes, pencil sharpeners, books, sheets and lawn mowers. It also includes fresh products, meat, watches, pesticides, motorcycles, cocoa, milk for children, fireworks, strings, lollipops and musical instruments. And the presence of cell phones and laptops in the list, a decision that affects the shares of Apple, a company that has already suffered a lot on the last day.

Only a handful of products have been exempted: some pharmaceuticals and rare minerals employed in electronic devices and batteries.

The Commerce Department explained that a public hearing on the products would be held on June 17. The rebuttal submissions are seven days after the hearing, a much shorter period than the previous rounds.

The comment period is likely to end before US President Donald Trump heads to the G20 summit in Japan on June 28-29, where he announced that he would meet with the president. Chinese Xi. Jinping The schedule will allow you to order the activation of the rates towards this date..

"The latest tariff increase is a big gamble for the US economy," said National Retail Federation President Matthew Shay. "Tariffs on everything that US companies import from China – those that support manufacturing in the US and offer consumers economic products – will endanger US jobs and increase costs for consumers," he said. -he adds.

Both governments have indicated that the negotiations are likely to resume. Trump announced Monday that he would meet Xi at the Group of 20 summit on June 28-29 in Osaka, Japan.

The six weeks leading up to this meeting will be "very volatile" for the financial markets, badysts at Macquarie Bank said in a report. "Both parties are encouraged to act half-crazy and unpredictable before that to get a better deal," he said.

The NBC portal has highlighted a series of exceptional products from this ultimate and almost final series of rates, grouped by industry sector.

Food:
-Fresh, dried and smoked
-Melt
-Frozen vegetables such as spinach and legumes
– Rice, corn, flour, processed oats and herbs used as spices
-Oils of olive, corn, soy, sunflower, coconut and sesame
-Bottled water and soft drinks
-Gin, tequila, vodka and other alcoholic beverages

Construction materials
-Bricks, panels, floors
-Couvertures of walls and ceilings
– Pipes and hoses
-Floor and wooden carpet
-Tools such as saws, scissors

Consumer goods
-Furniture, beds, sleeping bags
-Opening and accessories
-Forms, umbrellas, canes
-Montres
-Musical instruments

Transport:
-Parts for tracks or wagons
-Waterway sealing
-Bags and yachts
-Canoas and other pleasure boats

Electronic
-Caffets, hair dryer, microwave, electric ovens
cameras
-Telecommunications equipment
-Microphones, headphones, speakers, recorders, DVD players and other devices

Natural resources
-Rocks such as granite, marble, chalk
Precious and semi-precious stones, such as diamonds, rubies, emeralds
-Metals such as steel, nickel, zinc, titanium
-Natural gas
-Fertilizer
Chemicals such as chlorine, iodine, sulfuric acid

(With information from EFE, AP and Reuters)

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