US lists US$200b in Chinese goods to be hit with tariffs

Shipping containers are seen piled up at a port in Qingdao

European exporters in China shift trade to avoid US tariffs

America's trade war with China is back on.

The press offices for the US Trade Representative's office and White House didn't immediately comment when Bloomberg News contacted them.

The United States has made a decision to impose tariffs on $200 billion worth of imports from China after efforts to negotiate a solution to the trade dispute failed to reach an agreement, senior administration officials said on Tuesday.

The list of goods affected by the new tariffs includes seafood, fruits and vegetables, grains and tobacco. On Monday, China placed fees on a wide range of USA products, including scrap aluminum, sparkling wine and apples.

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Many others in the USA are already feeling the effects of the tariffs. The first round of tariffs covered Chinese products ranging from farming plows to machine tools and communications satellites.

On Friday, the USA slapped 25 percent taxes on $34 billion in Chinese imports, a lot of them are industrial goods that the Trump administration says receive subsidies or other unfair support from Beijing. But China only bought about $135 billion in US goods a year ago, meaning it will run out of American products to tax before it matches Trump's latest move.

President Donald Trump last month threatened additional tariffs against China if it retaliated. But Trump hasn't backed down, arguing that China's unfair trading practices are hurting American workers.

He then announced 25% tariffs on $50 billion to $60 billion in Chinese exports to the US, including aerospace, information and communication technology, and machinery.

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