1300 tariff lines, totalling the promised around 50bln $ of imports
“This level is appropriate both in light of the estimated harm to the the U.S. economy, and to obtain elimination of China’s harmful acts, policies and practices,” the U.S. Trade Representative’s office said. The list covers about 1,300 tariff lines, the USTR said, referring to a system of codes used to categorise products.
We can find the USTR details here
USD doesn’t move, risk doesn’t move for now. I trust China’s response will be heard soon after lecture of the document .
- $CNH living on hopium? Big week for the Yuan this. - January 13, 2020
- A mildly positive risk market on the open? - November 24, 2019
- A huge USD week. This time it’s different, isn’t it? - October 30, 2019