The US is running out of Chinese exports to tax

Can the US win a trade war with China?
Can the US win a trade war with China?

The United States could soon run out of Chinese goods to tax if a trade war continues to escalate.

On Tuesday, it released a 195-page list of Chinese exports worth $200 billion facing a 10% tariff. The move came after China retaliated Friday against US tariffs on $34 billion worth of goods by taxing American exports to the same value.

US tariffs on a further $16 billion of Chinese exports are coming soon, taking the total under threat to $250 billion. President Donald Trump has threatened to go much further — possibly targeting as much as $550 billion.

Related: The world's most important business link is at risk

But that number exceeds the total value of Chinese goods imported by the United States last year ($506 billion) and there are signs that US officials are already beginning to struggle to compile new lists of targets.

20180706-China-US-trade-chart-NEW

Tuesday's list includes live trout, which hasn't been imported from China for decades, as Bloomberg first noted, as well as obscure items such as badger hair.

It also includes more recognizable exports, such as soy sauce and rice. They're among thousands of things that could soon get more expensive to import from China.

Related: The trade war is making 1,300 products more expensive

Here are more of the Chinese goods in the firing line this time.

Food

Fruit

china canned peaches
A worker sorting canned peaches for export at a factory in Xiayi in China's central Henan province.

— Apples
— Bananas
— Coconuts
— Pineapples
— Oranges
— Pears
— Peaches

Grains, nuts and beans

China is hitting the US where it hurts: soybeans
China is hitting the US where it hurts: soybeans

— Oats
— Corn (Maize)
— Rice (semi-milled or wholly milled)
— Brown and Basmati rice
— Corn and potato starch
— Peanuts, almonds, walnuts, and chestnuts
— Pistachios
— Soybeans

Related: Soybean prices plunge to a 10-year low

Seafood

china dried seafood export
Workers sort dried seafood for export at a factory in Lianyungang in China's eastern Jiangsu province on July 5.

— Trout, salmon, yellowfin tuna, cod and seabass (excluding fillets or other meat portions)
— Anchovies
— Lobsters, crabs and squid
— Shark fins
— Shrimp and prawns
— Caviar
— Frozen salmon fillets
— Dried fish

Meat

— Frozen pork
— Frog legs
— Pork, other than hams, shoulders, bellies (streaky) and cuts thereof, salted, in brine, dried or smoked

Related: Global stocks slump as US steps up trade war

Vegetables

How a trade war with China hurts US farmers
How a trade war with China hurts US farmers

— Onions and garlic
— Cauliflower and broccoli
— Carrots and turnips
— Truffles
— Sweetcorn
— Frozen potatoes, mushrooms and tomatoes

Other foods

soy sauce rice 2

— Soy sauce
— Sugars and sugar syrups
— Bread, pastry, cakes and biscuits
— Jams

Beverages

china rice wine
Workers making traditional fermented rice wine for the winter solstice in Shaoxing, east China's Zhejiang province.

— Rice wine or sake
— Sparkling wine (only made from grapes)
— Fruit and vegetable juices that contain vitamins or minerals

Household goods

— Toilet paper
— Air conditioning machines
— Refrigerators
— Freezers
— Lawn mower parts
— Dryers
— Sewing machines
— Vacuum cleaners
— Bamboo and rattan furniture

Related: Trade war? Here's what investors should really be worried about

Apparel and Accessories

china leather shoe factory
Workers cut leather at a shoe factory in Dongguan, China's southern Guangdong province, on Sept. 14, 2016.

— Leather apparel and accessories
— Leather belts
— Baseball and ski gloves
— Plastic raincoats
— Luggage
— Handbags
— Musical instrument cases

Textiles and materials

China is killing my business. Now tariffs are too.
China is killing my business. Now tariffs are too.

— Natural graphite
— Quartz, chalk, marble and granite
— Silver and metal ores
— Hard coal (anthracite)
— Liquefied natural gas and propane
— Packing boxes and cases made of wood
— Raw silk
— Some types of wool
— Some types of cotton
— Some types of denim
— Handmade paper
— Porcelain or china ceramic wares
— Some types of glass, stainless steel, iron, lead, zinc and titanium

Related: Inside the making of a global trade war

Vehicles

— Lead-acid storage batteries for electrically powered vehicles
— Lighting equipment used on bicycles
— Chassis fitted with engines for some motor vehicles
— Parts of farm wagons and carts
— Trailers and semi-trailers

Other

cigarettes ashtray

— Tobacco cigarettes
— Epsom salts
— Dog and cat food
— Birds' eggs
— Seaweed
— Human hair
— Badger hair
— Guts and bladders of animals
— Feathers used for stuffing and down
— Axes and machetes
— Bovine semen

Personal Finance

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