U.S. Releases $200B List of Chinese Goods for Possible Tariffs

The Trump administration has proposed tariffs on $200 billion worth of Chinese imports, including consumer goods like electric vehicle batteries and air conditioners. This move is part of a broader strategy to rebalance trade with China. The process involves public hearings and comments, with a decision expected by late August. Existing tariffs on $34 billion in Chinese goods have already been implemented, with more planned. The administration aims to minimize consumer impact, though prices may rise. The tariffs are seen as a negotiating tool to bring China back to the table.

What is the value of Chinese imports that the Trump administration is considering for a 10% tariff?

• $300 billion

• $200 billion

• $100 billion

• $400 billion

How much worth of Chinese goods have already been subjected to tariffs by the Trump administration?

• $100 billion

• $34 billion

• $16 billion

• $50 billion

What has China promised in response to the tariffs imposed by the Trump administration?

• To reduce export prices

• To increase imports from the US

• To retaliate in kind

• To negotiate a new trade deal

Which of the following is NOT mentioned as a consumer product potentially affected by the tariffs?

• Air conditioners

• Smartphones

• Leather goods

• Electric vehicle batteries

What is the Trump administration's stated goal for imposing these tariffs?

• To increase government revenue

• To rebalance the trade framework with China

• To reduce consumer prices

• To promote domestic manufacturing