Reference Cankaoxiaoxi Website reported on August 8, Taiwan media said that the US Trade Representative Office (USTR) announced the second batch of tariffs on a total value of 16 billion US dollars Chinese imports, effective on the 23rd, so that this trade war between China and America was further escalated.
According to a report by Taiwan's United News Network on August 8, USTR said that the final list includes 279 of the 284 tariff items announced on June 15, including motorcycles, steam turbines and other products, which will impose a 25% tariff.
According to the report, this is the second time since July that the United States has adopted tariff measures on Chinese imports. On July 6, the United States imposed a 25% tariff on Chinese goods valued at 34 billion U.S. dollars, and Beijing immediately adopted reciprocal retaliatory measures. The Chinese government has announced that it will take a counterattack against this wave of tariff measures involving $16 billion of American imports.
According to the report, the scale of the China-US trade war is very likely to expand rapidly; the US Trade Representative Office is assessing a 10% tariff on an additional $200 billion in Chinese goods, and even consider raising the tax rate to 25%. These measures may be implemented after the public comment period ends on September 5.
The report pointed out that the US President Trump also hinted that it may impose tariffs on all Chinese imports; last year, the United States imported more than 500 billion US dollars of goods from China.