WASHINGTON, May 22 (Reuters) - The U.S. Trade
Representative's office on Wednesday said some of the steep
tariff increases on an array of Chinese imports including
electric vehicle batteries, computer chips and medical products
will take effect on August 1 after a 30-day comment period ends.
President Joe Biden will keep tariffs put in place by his
Republican predecessor Donald Trump while ratcheting up others,
including a quadrupling of EV duties to over 100% and doubling
the duties on semiconductor tariffs to 50%.
The new measures affect $18 billion in imported Chinese
goods including steel and aluminum, semiconductors, electric
vehicles, critical minerals, solar cells and cranes, the White
House said. The EV figure, while headline-grabbing, may have
more political than practical impact in the U.S., which imports
very few Chinese EVs.
The United States imported $427 billion in goods from China
in 2023 and exported $148 billion to the world's No. 2 economy,
according to the U.S. Census Bureau, a trade gap that has
persisted for decades and become an ever more sensitive subject
in Washington.
U.S. Trade Representative Katherine Tai has said the revised
tariffs were justified because China was stealing U.S.
intellectual property. But Tai has also recommended tariff
exclusions for hundreds of industrial machinery import
categories from China, including solar product manufacturing
equipment.
Ahead of Biden's expected action,
China denounced the plan
and vowed "resolute measures" to protect its interests.
China has said the tariff measures are counter-productive and
inflict harm on the U.S. and global economy.