Monday, 11 November, 2019

United States releases proposed China tariff list amid strong opposition

United States releases proposed China tariff list amid strong opposition United States releases proposed China tariff list amid strong opposition
Patty Aguilar | 06 April, 2018, 18:50

"The total value of imports subject to the tariff increase is commensurate with an economic analysis of the harm caused by China's unreasonable technology transfer policies to the USA economy, as covered by USTR's Section 301 investigation", the USTR said in its statement.

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Today, April 3, 2018, the Office of the United States Trade Representative (USTR) released a proposed list of products that will be subject to tariffs as part of the Administration's response to findings from the Section 301 investigation into China's IP practices.

In his statement, he emphasized that additional tariffs will not be implemented until they undergo a public comment process. The range of products listed goes beyond statements in the President's March 22 Memorandum.

In a major development that can further escalate trade war between the two nations, China on Monday suspended tariff concessions on 128 items of US products including pork and fruits starting Monday, media reports said. That total was viewed as commensurate with the economic harm caused to the United States economy by China's "unreasonable technology transfer policies", the USTR said. It specifically stated that China would seek to reach an agreement on trade compensation with the United States, consistent with the SGA.

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Recent reports claimed, however, that Khedira had already learned of Can's next club and he was joining him at Juventus . Khedira tweeted: "A Sports Illustrated source heard me confirm Emre Can is coming to @juventusfc this summer".

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For Francesco, the outcome of the match could have been different had Danny Makkelie awarded two penalties to his side. Dzeko concurred with his coach's assessment, telling Italian TV that it was the turning point of the match.

Heisdorffer urged the Trump administration to withdraw its proposed tariffs. "We call on President Trump to engage the Chinese in a constructive manner - not a punitive one - and achieve a positive result for soybean farmers". China's Ambassador to the U.S. said in response, China will "fight the USA at any cost".

The White House on Tuesday slapped a $50 billion tariff package on China, with 25 percent tariffs being leveled on imports of Chinese electronics, shoes, furniture and other goods. Top government officials are expected to hold talks before American tariffs on Chinese imports will take effect.

The latest announcement was made just days after the USTR filed a request for consultations with China at the World Trade Organization (WTO) to address China's technology licensing requirements.

Jay Timmons, president and CEO of the National Association of Manufacturers, said, "Manufacturers agree with President Trump that China's theft of American intellectual property and their use of unfair trade practices represent clear threats to manufacturers' competitiveness and the jobs of American manufacturing workers". We understand that the USA and Chinese governments are now engaged in high-level negotiations to discuss issues of concern, including ways to reduce the trade deficit and to address issues of reciprocity in China's treatment of foreign businesses.

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