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China may target American cherries, pistachios and sparkling wine
Mar 25, 2018
(CNNMoney) - China may target American fruit, wine and pork producers.
Beijing has revealed a tentative list of 128 US exports that it may hit with tariffs to retaliate against President Trump's tariffs on steel and aluminum.
China's list raised the possibility of 15% tariffs on American cherries, almonds, wine, ethanol and steel pipes, and 25% on pork meat and recycled aluminum.
Trump announced separately Thursday that he would impose tariffs on $50 billion worth of imports to punish China for stealing American tech and trade secrets.
The US Department of Agriculture provided CNNMoney with 2017 export values for many of those products that China would target to retaliate for the steel and aluminum tariffs. The data was compiled by the Census Bureau and is categorized by federal commodity and shipping standards.
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