Mar 27, 2018So far, new Chinese tariffs leave out potatoes
On Thursday, March 22, President Trump announced $60 billion worth of tariffs on Chinese imports to the U.S. Overall, the proposed list of tariffs amounts to approximately 1,300 different products and is in response to China’s intellectual property practices.
“We have a tremendous intellectual property theft problem,” Trump told CNN. “It’s going to make us a much stronger, much richer nation.”
The action drew an immediate response from Beijing as they released a retaliation list on March 23 that included U.S. fruit, nuts and wine, but not potatoes.
“At this point, U.S. potato products are not included but given our experience with tariff retaliation in the Mexican trucking dispute, we are certainly remaining vigilant as this process develops,” said John Keeling, NPC CEO.