|
Product Category |
Current Tariff |
Retaliatory Tariff |
Effective Tariff (Current+ Retaliatory) |
Amount Exported from US to China in 2017 |
|
Lactose |
10% |
5% |
15% |
$42,439,763 |
|
Lactose Syrup |
10% |
5% |
15% |
$19,500,538 |
|
Powdered Infant Formula |
5% |
10% |
15% |
$32,570,253 |
|
Other Infant Foods |
2% |
10% |
12% |
|
|
Foods Made from Malt Extract |
5% |
10% |
15% |
$8,253,605 |
|
Ice Cream |
12% |
10% |
22% |
$2,141,446 |
|
Chocolate Milk |
5% |
10% |
15% |
$740,514 |
|
Casein |
10% |
10% |
20% |
$810,242 |
|
Caseinates and Other |
10% |
10% |
20% |
$5,036,892 |
|
Milk Albumin |
10% |
5% |
15% |
$58,563,378 |
|
Other Albumin |
10% |
10% |
20% |
$1,776,019 |
President Trump on Wednesday threatened to retaliate again if China goes through with the additional taxes on agriculture products. In a tweet, he said “There will be great and fast economic retaliation against China if our farmers, ranchers and/or industrial workers are targeted!”
The administration plans to bump its latest 10-percent tariffs up to 25-percent in January.
