The Office of the U.S. Trade Representative (USTR) said the list of tariff increases contains two sequences, total **** including 1102 kinds of products worth $50 billion, in general, the announced list is still targeting China's 2025 strategic industries, specifically aerospace equipment, high-speed railroad equipment, a new generation of information technology, agricultural machinery and equipment, numerically controlled machine tools and industrial robots, biomedicine and medical devices, new energy and new materials, ships and offshore equipment.
1. List 1 is 818 items out of the 1,333 items of products proposed to be subject to duty increase released by USTR on April 6, with a total value of $34 billion, which were formally levied on July 6;
2. Deletion of 515 items in the list of items proposed to be subject to duty increase in April, including televisions, electric saws, hot air balloons, snowmobiles and garbage compactors, and some pharmaceutical and medical products, as well as some steel and aluminum products, etc.;
3. and aluminum products;
3. List 2 includes 284 products valued at $16 billion that primarily benefit from China's industrial policies (e.g., subsidies), including some chemical products (lubricants, plastics, etc.), machinery products used in high-technology manufacturing, and semiconductors and semiconductor manufacturing machinery have been added to List 2, with tariffs on these goods to be implemented after a public comment period ends. .
List of $50 billion worth of tariff increases, including 1,102 products