Factbox-What the US-China trade looks like by sector

(Reuters) - U.S. President Joe Biden on Tuesday unveiled a bundle of steep tariff increases on an array of Chinese imports including electric vehicles, computer chips and medical products, risking an election-year standoff with Beijing in a bid to woo voters who give his economic policies low marks.

China relies on the U.S. for agricultural products like soybeans and semiconductors, while electronic equipment and machinery are the top imports from the Asian powerhouse.

The following is a list of top exports and imports between the two countries by sector:

SECTOR PERCENTAGE OF PERCENTAGE OF

TOTAL IMPORTS TOTAL US EXPORTS

FROM CHINA TO CHINA

Machinery & Mechanical 46.40% 20.10%

Appliances

Miscellaneous Manufactured 12.90% 0.20%

Items (such as Furniture,

Bedding, Lamps, Toys,

Games, Sport Equipment)

Chemicals, Plastics, 12.00% 19.50%

Rubber, Leather Goods

Textiles, Footwear, 10.00% 2.40%

Headgear

Base Metals, Iron, Steel, 5.80% 3.00%

Tools

Transportation Equipment 3.70% 8.40%

Optical, Measuring, 2.70% 7.10%

Medical, Other Instruments

Stone, Glass, Metals, 1.70% 2.30%

Pearls

Wood, Cork, Paper, Printed 1.60% 2.90%

Books

Agriculture Products 1.20% 23.10%

Special Classification 1.00% 1.10%

Items

Oils, Minerals, Lime, 0.10% 9.70%

Cement

Source: U.S. Census Bureau USA Trade Portal April 24, 2023

(Reporting by Sneha S K in Bengaluru; Editing by Sriraj Kalluvila)

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Russian missile attack on Kyiv kills one
• CVS settles US Justice Department case over opioid prescriptions for $315 million
• Lawyer for Fed's Cook denounces Trump's latest attempt to remove her