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The U.S.-China tit-for-tat tariff entanglement threatens to disrupt some industries more than others.
China in July slapped tariffs on $34 billion of U.S. goods in retaliation for President Donald Trump imposing the same amount of tariffs on Chinese goods imported to the United States. Trump responded with plans for $16 million more, as did China. The latest round is scheduled to go into effect Aug. 23. Overall, Trump has threatened putting tariffs on as much as $200 billion worth of imports.
The Trump administration says its tariffs are in response to China’s unfair trade practices and will help bring down the U.S. trade deficit with China. The two countries’ trade in goods and services is worth about $650 billion each year.
China’s tariffs target hundreds of products. The U.S. Chamber of Commerce, largely relying on U.S. Census Bureau data, and others have analyzed the expected impact of China’s tariffs on U.S. industries. Here are the 10 industries that will be hit hardest and their estimated China export value in 2017.