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What is the tariff rate for China?

The months of July through September 2018 resulted in a sharp tariff increase on both sides: US average tariffs increased from 3.8 percent to 12.0 percent, and China's average tariffs increased from 7.2 percent to 18.3 percent.

What products are subject to China tariffs?

China already has tariffs in place on about $110 billion worth of U.S. products, ranging from 5% to 25%, including soybeans, beef, pork seafood, vegetables, liquefied natural gas, whiskey and ethanol.

What items are included in the new China tariffs?

China already has tariffs in place on about $110 billion worth of U.S. products, ranging from 5% to 25%, including soybeans, beef, pork seafood, vegetables, liquefied natural gas, whiskey and ethanol.

What items are affected by tariffs?

Everyday household items, including microwaves, clocks, curtains, scales, electric blankets, ceiling fans, household laundry machines, bedspreads and more will be subject to the December round of tariffs.

What products are affected by Trump tariff?

European Union retaliatory tariffs took effect on June 22, 2018, imposing tariffs on 180 types of products, over $3 billion of U.S. goods. Affected products include steel and aluminum, agricultural goods (including orange juice and cranberry juice), clothing, washing machines, cosmetics, and boats.

What is affected by China tariffs?

Sixty-two percent of the products affected are consumer goods, according to Goldman Sachs. Apparel and footwear make up nearly 20% of the affected products, based on value, Goldman says. Toys comprise 10%, and cellphones, 17%. The prior tariffs against China mostly hit intermediate and industrial goods.

What is the current tariff rate?

The United States currently has a trade-weighted average import tariff rate of 2.0 percent on industrial goods. One-half of all industrial goods entering the United States enter duty free.

What is the current tariff rate on China?

The months of July through September 2018 resulted in a sharp tariff increase on both sides: US average tariffs increased from 3.8 percent to 12.0 percent, and China's average tariffs increased from 7.2 percent to 18.3 percent.

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