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1 1 (April 4, 2018)

handle is hein.crs/govciwr0001 and id is 1 raw text is: * Conqrcissioa flasearch Service China's Retaliatory Tariffs on Selected U.S. Agricultural Products April 4, 2018 On April 2, 2018, the Chinese government implemented retaliatory tariffs on 128 product lines, including 93 U.S. agricultural products, in response to recent U.S. Section 232 tariff actions on certain imports of steel and aluminum products. China is the second largest market for U.S. agricultural exports by value, worth about S 19.6 billion in 2017, according to the U.S. Department of Agriculture (USDA). China estimates the targeted U.S. imports are worth roughly $3 billion across all product categories, of which about two-thirds of the value is agricultural products. China imposed an additional 25% tariff on U.S. pork products and an additional 15% tariff on certain varieties of U.S. fresh and dried fruit, nuts, wine, and ginseng, according to an unofficial translation of the list issued by the USDA Foreign Agricultural Service (FAS). Generally, U.S. exports to China are subject to the same import tariffs-known as most favored nation (MFN) tariffs-as other World Trade Organization member countries. Countries that have a free trade agreement with China may be subject to lower import tariffs. The retaliatory tariffs on U.S. agricultural products are in addition to the MFN rate, which for these items ranges from 7% to 30%. U.S. farmers express concern that China's retaliatory tariffs could put them at a disadvantage compared with export competitors. Agriculture groups warn that the imposition of higher tariffs could curb sales to this key export market for U.S. farmers at a time of growing uncertainty about the continuity of other U.S. trading relationships. Additional tariffs could be imposed by China against the United States if commercial disputes escalate further. U.S. Pork Exports to China China was the fifth largest export market by value for U.S. pork and the second largest export market by value for frozen U.S. pork offal in 2017. According to USDA data, which does not include transshipments from Hong Kong to China, the United States exported about $237 million worth of pork meat directly to China in 2017. Of that amount, about $166 million was frozen pork and $69 million was frozen bone-in ham and shoulder cuts. U.S. exports of frozen pork offal to China were valued at roughly $251 million in 2017. Almost a third of all U.S. frozen pork offal exports went to China in 2017. Congressional Research Service https://crsreports.congress.gov IN10880 CRS INSIGHT Prepamd for Membe-q and Cori ttees o Cor cs's

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