China tariffs hit pork exports hardest, include nuts, tree fruit – nation – capital press calories in small apple

China is retaliating against U.S. Tariffs on chinese steel and other goods with tariffs on what it says are $3 billion worth of U.S. Agricultural and steel products.

The announcement came march 23, the same day a 25 percent tariff on imported steel took effect in the U.S. Steel from mexico and canada was excluded. It was one day after president donald trump announced tariffs on an additional $60 billion worth of chinese goods, including clothing, electronics and agricultural equipment.

Of the $3 billion targeted by china, about $2.2 billion was agricultural products, mostly pork but also including apples, oranges, cherries, grapes and nuts.

The rate is 25 percent on pork and recycled aluminum. It is 15 percent on fresh and dried fruits, nuts, wine, denatured ethanol, american ginseng and seamless steel pipes.

China did not say when its tariffs would take effect but urged president trump to negotiate a prompt settlement to avoid a trade war.Expect countries

china’s actions also caused a slump in the financial markets.

U.S. Wheat associates and the national association of wheat growers issued a statement of concern about trump’s tariffs on the additional goods but said they agree chinese policies create unnecessary trade distortions that hurt U.S. Farmers and other industries.

R-CALF USA (ranchers-cattlemen action legal fund, united stockgrowers of america) lauded all of trump’s tariffs, saying the U.S. Is finally beginning to defend itself against unfair and imbalanced trade. The U.S. Steel tariff was recommended in a jan. 11 U.S. Department of commerce study that found quantities and circumstances of steel imports are “weakening” the U.S. Economy and “threatens to impair national security.”

The $3 billion figure is china’s estimate of the value of its imports, from january through october of 2017, of the U.S. Commodities it is targeting.

Dan halstrom, president and CEO of the U.S.Expect countries meat export federation, noted china is saying the commodities could be subject to tariffs and that it’s “a cause for great concern in the pork industry.”

U.S. Tariffs come after an inquiry by the office of the U.S. Trade representative into china’s practices related to technology transfer, licensing and intellectual property rights.

USTR’s investigation under section 301 of the 1974 trade act determined that U.S. Companies have lost billions of dollars from being forced by china to disclose intellectual property and to transfer technology.

“when it comes to trade, we expect all countries to follow international rules and to trade fairly,” heimerl said. “we also expect all countries to resolve trade disputes in a way that doesn’t harm businesses, farmers and consumers.”

China’s retaliatory list includes $228 million in almonds, walnuts, pistachios and macadamia nuts. It includes $170 million in cherries $88 million in citrus, $41 million in grapes, $36.7 million in apples, $26 million in plums, $2 million in strawberries and $1.6 million in pears.Includes million

Of the $170 million worth of cherries exported to china last season, about $135 million is the northwest and the rest is california, thurlby said. About 3.2 million, 20-pound northwest boxes went to china and hong kong last season, he said.

“the U.S. Apple association is extremely disappointed that apple growers have been caught in the crosshairs of what seems will be a trade war between the white house and the chinese government,” said jim bair, president and CEO of the U.S. Apple association.

The apple industry worked hard for years to gain full varietal access to china in 2015, bair said. It’s the 10th largest export market with promise of growth, he said.

“obviously china is a big market for us and we are disappointed with the retaliation,” said todd fryhover, president of the washington apple commission.

Washington has shipped 973,328, 40-pound boxes of apples to china this season as of march 15, down 24.8 percent from last year at the same time due to fruit being too small, he said.Apple association