(Bloomberg) -- With soy and sorghum among key produce hit with duties by China last month, the U.S. returned serve by targeting agriculture and horticulture in its latest list of Chinese goods that may face additional $200 billion in tariffs.
The most significant products for U.S. consumers in the sector are juice and seafood.
China exported $7.7 billion of farm products to the U.S. in 2017, according to customs data published by the official People’s Daily. The U.S. was the biggest buyer of China’s apple juice -- taking $277 million. It also outlaid $469 million for shrimp products in 2016, data from China’s commerce ministry showed.
China, the world’s largest importer of agriculture products, imposed tariffs from July 6 on $34 billion worth of U.S. agriculture products and automobiles. Some of the major agriculture products include soybean, meat and seafood.
Chinese companies that may be hit by the new U.S. tariffs include China Huiyuan Juice Group Ltd., China Haisheng Juice Holdings Co. and SDIC Zhonglu Fruit Juice Co.
To contact Bloomberg News staff for this story: Niu Shuping in Beijing at nshuping@bloomberg.net
To contact the editors responsible for this story: Phoebe Sedgman at psedgman2@bloomberg.net, Andrew Hobbs, Keith Gosman
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