The full list of US products that China is planning to hit with tariffs

[BumRushDaShow]

Last edited Wed Apr 4, 2018, 11:08 AM - Edit history (1)

Below is the full list of products that are set to be subject to duties.

Yellow soybean

Black soybean

Corn

Cornflour

<...>

https://www.cnbc.com/2018/04/04/the-full-list-of-us-products-that-china-is-planning-to-hit-with-tariffs.html

Other biggies on there are tobacco since China has a huge smoker population, beef, orange juice, and wheat... Plus stuff related to plastics.

Edit to add - this was the list from the 2nd round of tariffs imposed by China. They had a smaller set last Sunday that included items like pork and aluminum scrap, etc.

Interesting snippet from a WaPo article that sortof confirms what others have posted too -

China fires back at Trump with the threat of tariffs on 106 U.S. products, including soybeans

By Emily Rauhala April 4 at 10:06 AM

<...>

Trump’s figure did not factor in U.S. exports to China. According to U.S. government figures, the trade deficit in goods between the two countries in 2017 was about $375 billion. When services are included, the overall U.S. trade deficit with China was about $336 billion. Though the dollar amounts targeted by both sides are similar — $50 billion — the focus on U.S. soybean exports by China could have a particularly big impact on the United States.

Soybeans are the top U.S. agricultural export to China, and U.S. soybean farmers and their allies fought hard to prevent the tariffs — something Zhu noted in the news conference. The current U.S. ambassador to China, Terry Branstad, is the former governor of Iowa, a state that could be hit hard. In March, representatives from the Iowa Soybean Association visited him in China to plead their case, according to a Chinese report.

Christopher Balding, an ­associate professor at the HSBC Business School in Shenzhen, said that comparing the U.S. and Chinese lists showed China’s willingness to target products such as soybeans, automobiles and planes that could create political problems for Trump. “Even though the numbers between China and the U.S. are comparable, it seems clear that China is trying to twist the knife,” he said, “This is a warning that ‘we are willing to fight harder and inflict more pain that you are.’”

The goal may be to get U.S. voters to stop Trump from pressing ahead. Farm states generally backed Trump in the 2016 election, and their exports could be hurt. “China is stirring up U.S. farmers to put pressure on the White House,” said Shen Dingli, deputy dean of the Institute of International Affairs at Shanghai's Fudan University.

https://www.washingtonpost.com/world/asia_pacific/china-fires-back-at-trump-with-tariffs-on-106-us-products-including-soybeans-cars/2018/04/04/338134f4-37d8-11e8-b57c-9445cc4dfa5e_story.html

[FarCenter]

1. They can get most agricultural products from Argentina and Brazil

US outputs can go to markets formerly served by Argentina and Brazil.

The big commodity companies like ADM, Bunge, Cargill, etc. will make a fortune trading these around.

It's interesting that the Chinese can get to $50 billion in imports from the US with only 106 items, while the US had to identify 1300 items to reach $50 billion in imports from China.

It doesn't appear to include large aircraft > 45,000 kg. The Boeing 737s weigh just under that, but their 777s and 787s weigh more.

[BumRushDaShow]

5. You'll notice that textiles

and clothing were left of our list for tariffs (so far).

[Kittycow]

8. Daddy has to look out for Ivanka.

[malaise]

29. Argentina has severe problems following a major drought

https://www.wunderground.com/cat6/most-expensive-weather-disaster-2018-39-billion-drought-argentina-and-uruguay

[Girard442]

2. In farm country, expect to see dumpsters overflowing with MAGA hats.

Unless they're saving them to burn to stay warm next winter.

[dembotoz]

11. they will still blame obama and hillary

[mountain grammy]

19. Yep cause that's what the preacher says..

[workinclasszero]

31. Trump: Let them eat MAGA hats!

[TheBlackAdder]

3. Trump will love this. Family farms go to auction-Monsanto, ADM, Cargill and DuPont Pioneer buy them.

[Squinch]

6. All according to plan. And those family farmers welcomed it with open arms. That's the genius

of the plan.

[Squinch]

4. I bet against this administration financially. I that's going to turn out to be a good call.

[rzemanfl]

9. I bet you left out a word. n/t

[Squinch]

13. You got the drift.

[rzemanfl]

42. True.

Although dumping the I and capitalizing the T would have been a good wager too.

[dalton99a]

7. And Boeing 737, tobacco, cotton, whisky, ...

They're not fucking around

[KPN]

10. Exactly what Putin wanted to see. Us and China

undermining each other. Actually, more like China undermining us. Another big recession and we'll be at war for sure. The question is with who?

[BumRushDaShow]

12. China

just do their huge population, is theoretically the largest consumer market in the world... although realistically, the U.S. actually is for the time being due to China only slowly raising wages for their workers to even afford the stuff that they export.

However unfortunately, the oligarchs here will increasingly make sure that we end up with the equivalent of Chinese wages, unable to afford anything we produce or import either.

[KPN]

32. Exactly.

My fear is it's unavoidable at this point. As Obama said, "the horse already left the barn." And when we get to that low point, all hell will break out. The oligarchs will flee the country at that point.

[Johonny]

20. Yes, instead of posing sanctions on Russia, Trump has self imposed sanctions on the US

He's a fucking genius at hurting the economy

[grantcart]

36. And an abrupt withdrawal from Syria

[Javaman]

14. here comes the new depression. nt

[WyattKansas]

43. Well how else do you make the elimination of 'Entitlements' (Social Security) possible?

Trump and Republicans are gutting everything done the last century for the American people.

[UpInArms]

15. Thank you for posting this

I could only find the list in Chinese

[BumRushDaShow]

17. At the bottom of the OP article

CNBC even indicates that they had to use Google translate to get it.

[UpInArms]

23. I saw that

Was pleased someone could do it

[IronLionZion]

16. How will Trump respond to this problem? Tax cuts?

or they'll demand that Americans accept lower wages and benefits to be competitive. Assholes

[BumRushDaShow]

18. This is what he tweeted this morning

Link to tweet

TEXT

Donald J. Trump
‏Verified account @realDonaldTrump

We are not in a trade war with China, that war was lost many years ago by the foolish, or incompetent, people who represented the U.S. Now we have a Trade Deficit of $500 Billion a year, with Intellectual Property Theft of another $300 Billion. We cannot let this continue!
4:22 AM - 4 Apr 2018

I.e., "nothing to see here".

[KPN]

33. Dipshit contradicts himself daily.

[Johonny]

21. He will attack CNN and boast about the lack of bubonic plague out breaks during his

presidency

[disndat]

22. China is smartly targeting products

from core Trump States like Iowa, a boost for a Democratic midterms. I think his core followers will like to see
Trump twist in the wind in November..

[rurallib]

24. Surprised pork wasn't on the list

otherwise looks like a pretty good gut punch to Trumpy's base.

[BumRushDaShow]

28. Per post #25, pork was already on a list

The first round in response to the initial U.S. tariff announcement last Sunday https://www.democraticunderground.com/10142027743-

Effective Monday, Beijing raised tariffs on pork, aluminum scrap and some other products by 25 percent, the Finance Ministry said. A 15 percent tariff was imposed on apples, almonds and some other goods.

https://www.apnews.com/0a0f09aa5f6d41548729610bbe55d715/China-imposing-new-tariffs-on-US-meat,-fruit,-other-products

[rurallib]

44. Thanks - well, that means China has pretty much tariffed Iowa's economy

with Iowa's former (really shitty) governor as our ambassador. Still killing Iowa even though he is in China. Thanks Branstad!

[BumRushDaShow]

46. Yes and articles are now even saying that!

China fires back at Trump with the threat of tariffs on 106 U.S. products, including soybeans

By Emily Rauhala April 4 at 10:06 AM

<...>

Trump’s figure did not factor in U.S. exports to China. According to U.S. government figures, the trade deficit in goods between the two countries in 2017 was about $375 billion. When services are included, the overall U.S. trade deficit with China was about $336 billion. Though the dollar amounts targeted by both sides are similar — $50 billion — the focus on U.S. soybean exports by China could have a particularly big impact on the United States.

Soybeans are the top U.S. agricultural export to China, and U.S. soybean farmers and their allies fought hard to prevent the tariffs — something Zhu noted in the news conference. The current U.S. ambassador to China, Terry Branstad, is the former governor of Iowa, a state that could be hit hard. In March, representatives from the Iowa Soybean Association visited him in China to plead their case, according to a Chinese report.

Christopher Balding, an ­associate professor at the HSBC Business School in Shenzhen, said that comparing the U.S. and Chinese lists showed China’s willingness to target products such as soybeans, automobiles and planes that could create political problems for Trump. “Even though the numbers between China and the U.S. are comparable, it seems clear that China is trying to twist the knife,” he said, “This is a warning that ‘we are willing to fight harder and inflict more pain that you are.’”

The goal may be to get U.S. voters to stop Trump from pressing ahead. Farm states generally backed Trump in the 2016 election, and their exports could be hurt. “China is stirring up U.S. farmers to put pressure on the White House,” said Shen Dingli, deputy dean of the Institute of International Affairs at Shanghai's Fudan University.

https://www.washingtonpost.com/world/asia_pacific/china-fires-back-at-trump-with-tariffs-on-106-us-products-including-soybeans-cars/2018/04/04/338134f4-37d8-11e8-b57c-9445cc4dfa5e_story.html

[True Blue American]

25. They already listed Pork

MSNBC showed the state’s most hurt by Soybeans and Pork.

Ohio, Indiana,Illinois,Iowa ,and more, all red states except one.

[True Blue American]

26. We won 3 elections last night

A Supreme Court Judge in Wisconsin, Mass, and,uh, like Perry, I forgot the third ☝️. Conn. I think.

[Omaha Steve]

27. Jeff Koterba's cartoon: Collision course

[mahatmakanejeeves]

30. Fortunately, the US produces no agricultural or automotive products, so winning this will be easy.

NT

[BumRushDaShow]

35. Didn't you hear Wilbur this morning?

It is only "0.3% of GDP". Nothing to see here.

[matt819]

34. Buckle up, folks

It's going to be one hell of a trade war. It may not be shock and awe and make for good TV viewing, but the damage and fallout will be spectacular. And, in my view, the Chinese will not suffer or lose a night's sleep over this. And my guess is that they have a response to every raise in tariffs by the moron-in-chief.

Now let's see if the media in the US will cover the fallout, and not just from one farmer or one company. I'm talking about comprehensive reporting nationwide on the impact on trump voters. Every day. To the point that fox news and sinclair will look like clowns (even more) by reporting that all is just dandy in farm country, over at Harley-Davidson, in the auto biz, etc., etc., etc.

[Cryptoad]

37. Welll that settles it,,,,,

now the Gubermint will have to subsidize all those farm products that China will not buy,,,,,,,, can't let those GOP farmers take a big hit,,,,, hate to see them earn a million less that they usually do!

[BumRushDaShow]

38. The Farm Bill is up for renewal this year

which is where the subsidies lie and they want to slash and burn it.

http://theconversation.com/what-the-2018-farm-bill-means-for-urban-suburban-and-rural-america-89605

[Cryptoad]

39. They only want to "slash and burn" the SNAP part!

Damn poor folk eating too much!

[BumRushDaShow]

40. Not necessarily

Aside of trying to gut SNAP in the Farm Bill in 2012, which delayed it until 2013, it was delayed too because the teabaggers suddenly discovered all the other "earmarks" in there.

The Fight Over Food Stamps and Farm Subsidies

By Eric Pianin
April 25, 2012

Congress appears poised to begin overhauling long-standing agricultural price support programs, including the elimination of unconditional subsidies to farmers, in an effort to help lower their overall costs and eliminate some of the inequities in the program.

The government currently hands out between $15 billion and $20 billion a year in aggie subsidies, depending on the prices of crops and the level of disaster payments. More than 90 percent of agricultural subsidies go to farmers of five crops – wheat, corn, soybeans, rice, and cotton. More than a million farmers and landowners – including millionaires and billionaires – receive subsidies, but the payments are heavily tilted toward the largest producers.

These generous benefits have become almost impossible to justify as farm income has risen to historic levels and consumers face higher prices at the grocery store. Congress has until the end of September to act before the current five-year legislation expires.

On Wednesday, the Senate Agriculture Committee begins marking up new legislation that would replace current direct subsidies with various insurance programs that would aid farmers in the event of bad weather or natural disasters, including a new “shallow loss” program that would cover modest yields or declines in prices. Farmers would receive crop insurance subsidies for more catastrophic losses – a measure welcomed by the farm community but criticized by some watchdog groups that warn this could result in the government spending even more to cover crop losses.

http://www.thefiscaltimes.com/Articles/2012/04/25/The-Fight-Over-Food-Stamps-and-Farm-Subsidies

There was quite a bit of discussion DU back then about this and Batshit Bachmann and her family farm getting subsidies.

[Cryptoad]

41. oldie but goodie

[BumRushDaShow]

45. That sums it up nicely.