State of the Trade Wars: Tracking Donald Trump’s tariffs — and the retaliation

Posted June 23, 2018

In Economics, Multipolarity, Trade War, Trump, USA

The Trump administration’s protectionist measures on trade are piling up — and so are the retaliatory moves from a spate of other countries. What began with small-scale U.S. tariffs on washing machines and solar panels has now broadened to include steel and aluminum from all over the world, plus hundreds of products from China. Those tariffs have prompted a tit for tat response from affected countries, which target key U.S. exports such as bourbon, motorcycles, and orange juice. And there could be more to come, with the Trump administration studying further tariffs on imported cars and threatening much more action against China.

By Amy Cheng, Humza Jilani, Keith Johnson, Amy Mackinnon, Jun 21, 2018

Originally published on Foreign Policy

Here’s how the U.S. tariffs and international reprisals stand

U.S. Tariffs

Country Affected	Goods affected	Tariff %	Value of Affected Exports	Threatened or Implemented
All countries (South Korea, Argentina, Australia, and Brazil exempt due to voluntary export limits)	Steel	25 percent	$30 billion (U.S. 2017 imports)	Implemented
All countries (South Korea, Argentina, Australia, and Brazil exempt due to voluntary export limits)	Aluminum	10 percent	$17 billion (U.S. 2017 imports)	Implemented
All Countries	Washing machines and solar panels	20 to 30 percent	$10.3 billion (combined)	Implemented
All Countries	Cars and auto parts	25 percent is being discussed	$208 billion (cars only)	Under consideration
China	818 different goods, broadly those that include “industrially significant technologies”	25 percent	$50 billion total (to be implemented in increments)	First round of tariffs on $34 billion will come into force July 6, implementation of remaining $16 billion will then be subject to review
China	Under discussion	10 percent (for now, may be subject to change)	$200 billion	Threatened on June 18

International Retaliation

Country Affected	Goods Affected	Tariff	Value of Affected Exports	Implemented or Threatened
China	659 U.S. products such as pork, soybeans, seafood, automobiles, and chemicals	25 percent	A total of $50 billion: $34 billion will go into effect on July 6; the remaining $16 billion is under review	Will be partially implemented on July 6
Canada	Industrial metal such as steel and aluminum, as well as consumer products such as maple syrup, pizza, and toilet paper	25 percent or 10 percent depending on the item	$12.5 billion	Will be implemented on July 1
Mexico	U.S. products such as steel goods, cheese, cranberries, bourbon, and pork	25 percent or 20 percent depending on the item	$3 billion	Implemented
European Union	U.S. exports such as peanut butter, bourbon, orange juice, steel, and agricultural products	10 percent, 25 percent, 35 percent, or 50 percent depending on the item	$3.4 billion	Will be implemented in July
Turkey	22 U.S. items including coal, paper, walnuts, almonds, tobacco, whiskey, automobiles, cosmetics, machinery, and petrochemical products	40 percent maximum	$1.8 billion	Implemented
Japan	To be announced, as Japan is still weighing its options and has not released any concrete information about its retaliatory tariffs	TBA	$409 million	Threatened
India	29 items including lentils, almonds, walnuts, shrimp, apples, and some chemical and metal products	10 to 50 percent depending on the item	$240 million*	Implemented
Russia	Potentially targeting road construction equipment, among other products	TBA	TBA	Threatened