What the tariffs reveal and which industries will be affected

Decided to impose tariff measures on soybeans and other agricultural products, automobiles, aquatic products and other imports originating in the United States, etc., with a tariff rate of 25 percent, involving China's imports from the United States in 2017 amounting to about 34 billion U.S. dollars (see Annex 1). The above measures will take effect from July 6, 2018 onwards. At the same time, China intends to impose import tariffs of 25% on chemicals, medical equipment, energy products and other commodities imported from the U.S., involving China's imports from the U.S. amounting to about 16 billion U.S. dollars in 2017 (see Annex 2), and the final measures and the time of entry into force will be announced separately.

Tips: The Ministry of Commerce response has a few points to note: 1. the levy on agricultural products, automobiles and aquatic products is as a response to the other side of the levy is determined, as long as the other side of the 25% import tariffs on us began to be implemented, this article will come into effect, the previous period of time of imported automobiles tariff reductions corresponding to the will be invalidated; 2. the announcement of the levy of chemicals, medical equipment and new energy products are " Proposed " preposition, the scope and amount to be determined.

What is the list of industries that have imposed tariffs? From the contents of the annex to see the main content of the following, the focus will be marked yellow, the list of levies also mainly reveals three major points: 1. Precision strike, the other side of the larger amount of exports to us and the United States itself a greater impact on the employment of agricultural products and the automotive industry has become the focus of the object of the fight; 2. Need to pay attention to is the list of the traditional automotive field levies are mainly confined to the cross-country vehicle and minibus, and did not have to the family sedan (family car market) Apparently much larger) to open the knife, reflecting the Ministry of Commerce this move is more of a defensive response, and do not want to pick things up, of course, electric cars and hybrid cars but cover the whole model system reflects the national protection of the domestic new energy automobile industry; 3. Annex II to raise tariffs in the list of industries on a bit of a painless, more of a show, because China's imports of chemical products is relatively small, high-end medical equipment in the custody of the medical equipment of the domestic Myriad Medical has entered the world of the world's leading medical equipment. The equipment has entered the world's first echelon, nuclear magnetic **** vibration equipment, medical imaging has been with the industry one of the three giants of Germany Siemens has cooperation, this field to raise tariffs on the one hand, can really hit the other two giants General Electronics and Philips, but also on the domestic high-end medical equipment companies to provide protection.