FACTBOX-Smartphones and soybeans: top products caught up in US-China trade war
WASHINGTON, April 10 (Reuters) - An escalating trade war between the United States and China is leading to steep tariffs that could affect a wide range of products.
Following is a list of the top products that the world's two largest economies import from each other, according to the World Trade Organization's International Trade Centre:
TOP CHINESE EXPORTS TO THE U.S.
PRODUCT | 2024 VALUE | PCT OF U.S. IMPORTS | PCT OF CHINA EXPORTS |
All products | $525 billion | 16% | 15% |
Smartphones | $47 billion | 40% | 22% |
Computers | $41 billion | 29% | 26% |
Misc. commodities | $22 billion | 17% | 24% |
Batteries | $16 billion | 51% | 25% |
Motor vehicle parts | $11.5 billion | 13% | 20% |
Toys | $10.5 billion | 56% | 26% |
Lighting | $9.5 billion | 98% | 22% |
Furniture | $9 billion | 32% | 26% |
Plastic items | $14 billion | 57% | 26% |
Chairs | $8 billion | 30% | 26% |
Water heaters, hair dryers and other heating devices | $7.5 billion | 60% | 24% |
Video monitors | $7 billion | 34% | 20% |
TOP U.S. EXPORTS TO CHINA
PRODUCT | 2024 VALUE | PCT OF CHINESE IMPORTS | PCT OF US EXPORTS |
All products | $144 billion | 6% | 7% |
Soybeans | $13 billion | 24% | 52% |
Semiconductors | $8.7 billion | 2% | 17% |
Vaccines | $6.7 billion | 38% | 12% |
Natural gas | $6 billion | 7% | 10% |
Crude oil | $6 billion | 2% | 5% |
Motor vehicles and parts | $4.9 billion | 13% | 8% |
Semiconductor fabrication machinery | $4 billion | 9% | 21% |
Medical devices | $3.5 billion | 31% | 9% |
Copper scrap | $2.8 billion | 16% | 52% |
Ethylene polymers | $2.6 billion | 14% | 16% |
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