US Officials Ready the Next List for Tariff Hikes: Over 3,800 Products to be Affected

US officials have already compiled a list of over 3,800 products for ..

Arslan Butt•Tuesday, May 14, 2019•1 min read

Earlier today, we posted an update about how Trump was undecided about announcing his next round of tariff hikes on Chinese goods. However, US officials have already compiled a list of over 3,800 products for this purpose.

This latest list comes on the back of China’s decision to impose tariffs on $60 billion worth of US goods. This list includes laptops, saw blade parts, tune and garlic, among what encompasses almost all imports from China to the US that have not yet been affected.

On the other hand, Trump continues to tweet in defence of his decision to escalate the trade war, stating that he was putting “America First”. He maintains his optimism that the US and China will be able to negotiate their way towards a better trade deal.

Check out our free forex signals
Follow the top economic events on FX Leaders economic calendar
Trade better, discover more Forex Trading Strategies
Open a FREE Trading Account

ABOUT THE AUTHOR See More

Arslan Butt

Index & Commodity Analyst

Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics. His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker. His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.