China Announces Retaliatory Tariffs on U.S. Exports

In response to the Trump administration’s newly-enacted 10 percent tariff on all Chinese goods, Beijing has announced a package of measures that demonstrate its range of policy responses – not just tariffs, but targeted law enforcement and export restrictions.

Trump’s 10 percent tariff on all goods imported from China took effect Tuesday, and it covers virtually all categories of goods. Unlike the tariff hikes issued during the first Trump administration, this round also affects a broad range of consumer goods like electronics, clothing and shoes. Trade associations for affected industries, like the American Association of Port Authorities (AAPA), have pushed back on the new policy. 

“Tariffs are taxes,” said Cary S. Davis, AAPA President and CEO. “Though …