China: China Targets U.S. Agriculture in Response to U.S. Trade Actions
On March 23, 2018, the People’s Republic of China’s Ministry of Commerce (MOFCOM) announced a proposal to levy retaliatory tariffs impacting approximately $2.0 billion in U.S. food and agricultural exports to China in response to the recent U.S. 232 Trade Action on steel and aluminum. The products subject to this proposed increase in tariffs include pork and pork products, horticultural products, wine, American ginseng, and denatured ethanol. Interested domestic parties have until March 31, 2018 to comment or submit additional information to MOFCOM’s Trade Relief and Investigation Bureau regarding these countermeasures. This GAIN report contains unofficial translations of the MOFCOM announcement, including a translated table of the products subject to these proposed tariff increases, and a statement from the MOFCOM Spokesperson concerning the announcement.
China: China Targets U.S. Agriculture in Response to U.S. Trade Actions