China Announces Tariffs For 128 U.S. Products

On Sunday, April 1 the Chinese government announced that, in retaliation for the U.S. tariffs on steel and aluminum products that took effect on March 23, 2018, it will impose tariffs as high as 25 percent on 128 U.S. products.

Aluminum scrap imports to China will be subject to tariffs of 25 percent while the following steel pipe products will be subject to tariffs of 15 percent:

• Stainless steel oil and gas pipeline pipe, 215.9mm ≤ outside diameter ≤ 406.4mm;
• Stainless steel oil and gas pipeline pipe, 114.3mm < outside diameter < 215.9mm;
• Stainless steel oil and gas pipeline pipe, outside diameter ≤114.3mm;
• Stainless steel oil and gas pipeline pipe, outside diameter > 406.4mm;
• Other steel oil and gas pipeline pipes, 215.9mm ≤ outside diameter ≤ 406.4mm;
• Pipes for other steel, oil and gas pipelines, 114.3mm < outside diameter <215.9mm;
• Pipes, other steel, petroleum and natural gas, outside diameter ≤ 114.3mm;
• Other steel oil and gas seamless pipe, external diameter > 406.4mm;
• Oil and gas drilling pipes made of stainless steel, outside diameter ≤ 168.3mm;
• Oil and gas drilling pipes made of stainless steel, outside diameter>168.3mm;
• Other steel drilling oil and gas drilling pipes, outside diameter ≤ 168.3mm;
• Other steel drilled oil and gas drilling pipes, external diameter>168.3mm;
• Seamless casing and conduits for drilled petroleum or natural gas made of stainless steel;
• Other seamless steel casings for oil and gas drilling with a yield strength of less than 552 MPa catheter;
• Other steel drilling oils with a yield strength of 552 MPa or more but less than 758 MPa and seamless casing and conduits for natural gas;
• Seamless sets for oil and gas drilling of other steels with a yield strength of 758 MPa or more Tubes, catheters;
• Seamless boiler tubes for cold drawn or cold rolled iron or ordinary steel;
• Seamless or cold-rolled iron or common steel seamless geologic drill pipe, casing;
• Undrawn or cold-rolled iron or plain steel seamless circular cross-section tubes;
• Non-cold drawn or cold rolled iron or ordinary steel seamless boiler tubes;
• Non-cold-drawn or cold-rolled iron or ordinary steel seamless geologic drill pipe, casing;
• Non-cold drawn or cold-rolled iron or plain steel seamless circular cross-section tubes, not elsewhere specified      ;
• Cold drawn or cold rolled stainless steel seamless boiler tubes;
• Undrawn or cold-rolled stainless steel seamless circular cross-section tubes;
• Non-cold drawn or cold rolled stainless steel seamless boiler tubes;
• Non-cold drawn or cold rolled stainless steel seamless circular cross-section tubes;
• Cold-drawn or cold-rolled other alloy steel seamless boiler tubes;
• Seamless steel alloys, cold drawn or cold rolled;
• Unalloyed cold-drawn or cold-rolled alloy steel seamless circular cross-section tubes;
• Other alloy steel seamless boiler tubes, not drawn or cold-rolled;
• Non-cold-drawn or cold-rolled seamless steel tubes and casings for other alloy steels;
• Non-cold drawn or cold rolled alloy steel seamless circular cross-section tubes; and
• Other seamless steel tubes and hollow profiles (except cast iron).

Quartz has a full list of affected products here. The tariffs will affect $3 billion of the $115 billion in U.S. products imported to China.

In related news: Reuters reports President Donald Trump will announce his full list of tariffs on Chinese products this week. Bloomberg reports that China also will cut taxes on industries that will face the U.S. tariffs.