Page 3 - Export Sectors News Today

Watson. ivan? >> hi there, hours after the trump administration imposed it was imposing a tariff on $15 billion worth of chinese goods, beijing responded it has the same plan laid out for $50 billion worth of u.s. goods and the sectors that are targeted are soybeans, aircraft, cars and chemicals, 106 products in all but two of those are pretty important. soybeans and aircraft because they are the largest export sectors for the u.s. to china, two $14 billion worth of soybeans sold to china in 201...

Democratic and republican circles. but now there is talk that hes going to go unilaterally and slap china with all kinds of trade sanctions. not going through the world trade organization, but rolling out the old 301 provisions which were unilateral u.s. sanctions. >> if he does that, i would expect a strong counterresponse from china. it would have some real consequences, particularly for some of our agricultural exports, which is one of our most robust export sectors. my hope would be that he ...

Sectors hit with 15% or 25% tariffs. first up, soybeans. it is our second biggest export to china. eight of the ten soybean producing states voted for president trump in 2016. car exports. top ten u.s. export to china. midwestern states were the key to the presidents election victory. and beef exports, all part of china continuing to hit u.s. agriculture. this is all in response to a list released by u.s. trade representatives, listing 1,300 chinese exports, worth about $50 billion on their side...