"The medical device is a vital export for the US," said Grace Fu Palma, CEO of China Med Device, a solution provider for US medical device companies to enter China. "Medical technology firms in the US currently sell about $6.6 billion annually to China, while the US imports from China a total of $5 billion in medical devices." In total, GE Healthcare exports $1.8 billion of complex medical equipment to customers around the world," Bhatia said. "Though China has implemented its first list of retaliatory tariffs today on $34 billion worth of US exports to China, this list does not include medical technology devices. AdvaMed strongly opposes tariffs on medical technology by both sides," Ives said.