Home > News > Content
The Trade War between China and The United States Has Continued To Escalate
Jul 14, 2018

On July 10, 2018, the U.S. trade representative's office issued a statement, trump the government issued a second list of proposed tax increases, according to China's $200 billion goods increase 10% tariff plan, the target product list involving food, dietary supplements, raw materials, clothing, TV parts, etc.The move follows a 25 per cent tariff on $34 billion of Chinese imports imposed by the trump administration on July 6, 2018, and negotiations on another $16 billion.

The second list of proposed tax increases includes ingredients commonly used in the food and dietary supplements industry, including pork and fish;A variety of vegetables (soybeans, carrots, peas, chickpeas, etc.);A variety of fruits (mangosteen, guava, strawberry, banana, coconut, etc.);Various nuts (peanuts, almonds, walnuts, chestnuts, pistachios);Oats, corn, quinoa and rice;Inulin.Other herbs and plants (seaweed, ephedra, ginseng);Cod liver oil.Xylitol, sucrose and beet sugar;Lots of minerals (calcium, sodium, potassium, zinc, magnesium);Phospholipids.Choline, etc.(coenzyme Q10 was originally included in the first tariff list, but was eventually eliminated, and was not included in the new proposed tariff list.)

Article source: Nutritionoutlook

The original author:Jennifer Grebow