Trade Cases
October 11, 2018
Retaliatory Tariffs Aimed at Trump Base
Written by Sandy Williams
Retaliatory tariffs are taking aim at those sectors that have been the strongest supporters of President Trump. An analysis of data by the Brookings Institution reports that 6.1 percent of U.S. exports, or $121 billion worth of goods, are now subject to tariffs by China, the European Union, Canada and Mexico.
The Trump administration has levied punitive tariffs of about $250 billion on Chinese goods, as well as tariffs on steel and aluminum exports from its North American partners, the EU and others. China has responded with retaliatory tariffs on over $101 billion worth of U.S. goods. Canada has targeted $12.8 billion of U.S. exports, Mexico $3.5 billion and the EU $3.3 billion.
