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Fresh fruit among potential targets of Chinese retaliation to US trade tariffs

121MARKET china ODF 2

The world’s second largest economy, China, has announced it will retaliate to the imposition of tariffs on Chinese goods imposed by the US if an agreement cannot be reached with Washington, On Friday morning, China’s commerce ministry published a list of 128 US products as potential targets. With an import value of $3 billion in 2017, the goods on the list include fresh fruit, dried fruit and nuts, which, according to the ministry, could face a 15% duty. Although details are still lacking, US soybeans are expected to be the biggest area of retaliation by the Chinese. Total US exports to China are expected to hit $172 billion this year. Below is a list of the potential targeted goods.

Bilateral trade between China and United States of America 

Product: 08 Edible fruit and nuts; peel of citrus fruit or melons

Product code

Product label

China’s imports from United States of America

Quantity in 2015

Quantity in 2016

‘0801

Coconuts, Brazil nuts and cashew nuts, fresh or dried, whether or not shelled or peeled

4

12

‘0802

Other nuts, fresh or dried, whether or not shelled or peeled (excluding coconuts, Brazil nuts …

33973

39127

‘0803

Bananas, incl. plantains, fresh or dried

 

 

‘0804

Dates, figs, pineapples, avocados, guavas, mangoes and mangosteens, fresh or dried

12

5

‘0805

Citrus fruit, fresh or dried

39064

70739

‘0806

Grapes, fresh or dried

31703

29715

‘0807

Melons, incl. watermelons, and papaws (papayas), fresh

 

1

‘0808

Apples, pears and quinces, fresh

41979

29519

‘0809

Apricots, cherries, peaches incl. nectarines, plums and sloes, fresh

20089

25691

‘0810

Fresh strawberries, raspberries, blackberries, back, white or red currants, gooseberries and …

 

0

‘0811

Fruit and nuts, uncooked or cooked by steaming or boiling in water, frozen, whether or not …

1256

1302

‘0812

Fruit and nuts, provisionally preserved, e.g. by sulphur dioxide gas, in brine, in sulphur …

20

22

‘0813

Dried apricots, prunes, apples, peaches, pears, papaws “papayas”, tamarinds and other edible …

1530

1412

‘0814

Peel of citrus fruit or melons, incl. watermelons, fresh, frozen, dried or provisionally preserved …

10

1