China’s Retaliatory Tariffs on U.S. Goods: A Sectoral Analysis

On June 1, China will impose retaliatory tariffs of 5 to 25 percent on U.S. imports worth USD 60 billion in response to the U.S. decision to raise tariffs to 25 percent for USD 200 billion of Chinese imports on May 13.

Following a breakdown in trade negotiations which prompted the U.S. to raise tariffs to 25 percent on Chinese imports worth USD 200 billion, China is set to retaliate by raising tariffs from 5 to 25 percent on U.S. imports worth USD 60 billion from June 1. The tariffs will target product categories such as machinery and electrical equipment, semiconductor parts, chemicals, medical devices and pharmaceutical products as well as energy and liquefied natural gas (LNG) imports. This Resilience360 special report provides insights into the main product categories targeted by the tariffs, and the actions companies can take to reduce their risk exposure.

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