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China's Retaliatory Tariffs List Focuses on US Exports of Agriculture and Cars

New Chinese 25 percent tariffs on goods from the U.S. set to take effect on July 6 (see 1806150037) are mostly focused on meat, agriculture and cars. China said it would impose initial tariffs on those and other goods mentioned in a first list on the same date the U.S will impose its Section 301 tariffs on goods from China (see 1806150003). China said it also plans to eventually add tariffs to goods mentioned in a second list, which includes chemical products, medical equipment and energy products.

The 8-digit subheadings on the first list fall in the following Harmonized Tariff Schedule chapters and headings (note that not all subheadings would necessarily be covered in the headings listed below):