US May List Tariffs On $200 Billion More Chinese Products

Kevin Achelpohl weighs out fresh cherries at his K&C Farms stand at the West Seattle Farmers Market Sunday

The list includes agricultural products, minerals and consumer goods such as handbags, among other items.

A ship carrying USA soybeans took off for China last week just before the Asian country's retaliatory tariffs went into effect.

The White House says the tariffs are a response to unfair trade practices by China. China responded with levies of its own, targeting $34 billion in USA products such as pork and whiskey.

The move drew immediate condemnation from Senate Finance Chairman Orrin Hatch, a Republican from Utah, who called it "reckless" and not "targeted". Hours later, China came out with more tariffs, this time taking aim at Boeing planes.

Ivanka's products remain untouched by these tariffs and the fashion line is continuing to work with and create order contracts for Chinese shoe suppliers, such as Chengdu Kameido Shoes and Hangzhou HS Fashion. China has vowed to retaliate dollar-for-dollar to any further USA tariffs.

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The president of the European Union Chamber of Commerce in China, Mats Harborn, said Tuesday one of its members moved final assembly of goods for the American market from China to a newly created US company.

The International Monetary Fund has warned that a full-blown trade war could undermine the broadest global upswing in years.

The president last month asked the U.S. Trade Representative's office to identify US$200 billion of Chinese goods that could be hit with 10 percent tariffs.

"The Trump administration is gambling that by wielding such a big club, it will force China to back down", said Edward Alden, a senior fellow at the Council on Foreign Relations. Since then, the president has said his administration could impose duties on virtually all Chinese imports into the U.S. China has vowed to retaliate dollar-for-dollar to any further USA tariffs.

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