U.S. to impose 25% tariff on US$50 bil. worth of Chinese goods

Arirang News 2018-05-30

Views 1

美, 中 수입품에 '관세부과 보류' 없던 일로

Just 10 days after Washington and Beijing agreed not to impose new tariffs on each other,.... the White House says it will press ahead with tariffs against Chinese technology goods.
Cha Sang-mi zooms in on how the Trump administration is trying to gain leverage in its talks with Beijing.
The U.S.-China trade war appeared to have died down.
Until on Tuesday, when the White House announced that it is moving ahead with plans to impose a hefty 25-percent tariff on 50-billion U.S. dollars' worth of Chinese goods containing "industrially significant" technology.
The White House says the final list of imports covered by the measures will be announced by June 15th,... and the tariffs will be imposed "shortly thereafter".
It added the products included on the list are related to the "Made in China 2025" program,... a 2015 initiative promoting China's tech industries, including the information technology, robotics, and bio-medical sectors.

A representative for China's Ministry of Commerce said Beijing was surprised by the White House statement.
In a statement released by the commerce ministry, Beijing stressed its confidence and capability to defend its own national interests, regardless of what measures the U.S. will take, and urged Washington to act according to their joint statement.

This comes after a second round of talks in Washington earlier this month,... where the two sides issued a joint statement vowing not to launch a trade war against each other,... as Beijing agreed to "significantly increase" its purchases of American goods and services to help the U.S. reduce its $375-billion-dollar trade deficit with China.
The trade tensions began earlier this year with President Trump imposing tariffs on steel and aluminum imports into the U.S.,... with China striking back with additional tariffs on 128 U.S. products.
Cha Sang-mi, Arirang News.

Share This Video


Download

  
Report form