What does China import from the US? Heres what could be hit by retaliatory tariffs

President Trump’s escalating, tit-for-tat tariff war with China threatens to upend key US industries — from agriculture and food to planes and semiconductors — risking massive financial losses, downsizings and closures, experts told The Post.On Wednesday afternoon, Trump raised the tariff on imports from China to 125%, “effective immediately,” after a 104% tariff took effect overnight.The stepped-up China tariff came even as he announced a 90-day pause on taxes for most other nations.That was after Beijing earlier Wednesday raised its own tax on imports from the US to its own shores to 84% from 34% — saying in a statement, “The US’s practice of escalating tariffs on China is a mistake on top of a mistake.”Trump’s tariffs on Beijing are an attempt to level the widening trade gap between the countries.

China enjoyed a $361 billion surplus over the US in 2024, according to the Financial Times.However, China’s 84% tax could send costs catastrophically soaring for US retail, electronics, automotive and semiconductor firms, like Boeing and Coca-Cola, which are major exporters to the Mainland, making them less competitive in a substantial market.“US exporters will be priced out of key markets overnight,” warned David Warrick, executive vice president at Overhaul, a supply chain risk management company.Under the levy, which is set to take effect on Thursday, these companies should expect to face higher input costs, compressed margins, production delays and weaker demand — all of which could significantly hit second-quarter earnings this year, Warrick told The Post.“An 84% retaliatory tariff from China is not just symbolic — it’s commercially punishing,” Warrick said in a note.Boeing will be among the hardest hit US companies, since the aerospace giant already has significant plane deliveries lined up with Chinese airlines.Air China, China Eastern Airlines and China Southern Airlines — the nation’s top three airlines — have agreeme...

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Publisher: New York Post

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