Factbox-US companies most vulnerable to China's retaliatory import tariffs

SHANGHAI/BEIJING (Reuters) - China's determination to enforce 34% tariffs connected each U.S. goods successful a tit-for-tat stroke against U.S. President Donald Trump is acceptable to roil industries from aviation to agriculture.

Here are immoderate of the U.S. sectors and companies that are acceptable to instrumentality the biggest hit:

PLANES

China's retaliatory tariffs are acceptable to deed Boeing hard, making its planes acold much costly than those of rivals Airbus and Commercial Aircraft Corporation of China (COMAC).

While Beijing did not enforce tariffs connected Boeing during Trump's archetypal commercialized warfare with China, its income and deliveries to China plummeted aft 2019 pursuing 2 fatal crashes of MAX 8 jets and amid intensifying tensions betwixt Washington and Beijing implicit issues ranging from exertion to nationalist security.

The import frost ended successful January 2024 but the imports lone resumed successful afloat unit six months later.

The country's apical 3 airlines -- Air China, China Eastern Airlines and China Southern Airlines -- person plans to instrumentality transportation of 45, 53 and 81 Boeing planes, respectively, betwixt 2025-2027, which could present beryllium impacted by the higher prices.

SEMICONDUCTORS

China imports $10 cardinal worthy of chips from the United States annually. About $8 cardinal of these are cardinal processing units (CPUs) assembled by Intel successful the U.S., according to Bernstein analysts.

Such Intel CPUs are wide utilized successful laptops and servers. China was Intel's largest marketplace successful 2024, accounting for 29% of its revenue, up from 27% successful 2023.

U.S. representation chipmaker Micron could besides look immoderate interaction arsenic immoderate Micron chips sold successful China are imported from the United States, though the institution has accumulation facilities successful China and different countries.

While Chinese companies are large buyers of Nvidia's artificial quality chips, these imports are not affected by China's tariffs arsenic they are produced and assembled successful Taiwan by declaration spot shaper TSMC.

FARM EQUIPMENT

For the U.S. workplace instrumentality sector, China's 34% retaliatory tariffs adhd to an earlier 10% tariff Beijing placed connected the manufacture successful March, impacting companies specified arsenic Caterpillar, Deere & Co and AGCO.

AGRICULTURE

U.S. cultivation assemblage is acceptable to beryllium among the industries that are the worst deed by China's retaliatory tariffs arsenic China is the largest marketplace for U.S. cultivation products.

In addition, China connected Friday suspended import qualifications for sorghum from Chinese-owned C&D (USA) Inc. citing nutrient information problems and poultry nutrient and bony repast from American Proteins, Mountaire Farms of Delaware and Darling Ingredients.