Sorry, you are not login!
VIP members can check the contents after login.
Click to login

  • TOP
  • Moblie
    All Prompt Messages

    Tradesns Foreign Trade Community
    Current page location: Home Page > Article > Trump ’orders further China tariffs’
    Trump ’orders further China tariffs’
    Browse volume:336 | Reply:0 | Release time:2018-09-18 10:18:41

    US President Donald Trump has instructed staff to move forward with the next round of tariffs on Chinese goods, US media have reported.

    The tariffs are expected to apply to about USD200bn worth of imports from China, including electronic parts and consumer goods such as handbags.

    It remains unclear when the new import taxes - which could be as high as 25% - will go into effect.

    Officials are reportedly still working on the final list of products.

    President Trump ordered his staff to start preparing the tariffs this summer, escalating a dispute over what the US says are China’s unfair trade practices, such as state subsidies.

    The new duties would add to tariffs the US has already imposed on USD50bn in Chinese goods as part of that dispute, as well as tariffs that China levied on USD50bn in US goods in retaliation.

    Friday’s news reports that Mr Trump has ordered the US to proceed with further tariffs quoted administration sources. There has so far been no formal announcement.

    However, Mr Trump has repeatedly signalled his willingness to impose the new duties, despite warnings from economists and widespread opposition in the US among the business community.

    On 7 September, Mr Trump said tariffs on USD200bn in goods "could take place very soon" and added that tariffs on a further USD267bn in goods were "ready to go on short notice if I want".

    The White House and office of the US Trade Representative did not respond to requests for comment.

    Bloomberg News, which first reported the president’s decision, said a public order had been delayed as the administration revises the final list of products.

    Talks to resolve the matter ended without resolution this spring.

    Some in the administration are trying to restart discussions to defuse the trade war, but Mr Trump said on Thursday the US is under "no pressure" to strike a deal.

    Concern (0
    Commentary(0)
    Share
    Popular
    Relevant
    Three Steps to Your Own Import Export Business
    author
    MariaCullen
    Reply:1 | Release time:2018-12-26 15:39:37
    "Perfect Files and Customs Data for Free" for old friends
    author
    Tradesns.com
    Reply:4 | Release time:2018-04-19 17:59:20
    Content marketing of foreign trade websites
    author
    BowlXu
    Reply:2 | Release time:2019-12-04 14:48:26
    Alibaba Group to take majority control over Alibaba Pictures
    author
    KateBrown
    Reply:0 | Release time:2018-12-12 15:12:01
    China vows to expedite 5G developmen
    author
    BowlXu
    Reply:0 | Release time:2020-04-26 09:29:34
    How to develop customers efficiently
    author
    Leonardolee
    Reply:1 | Release time:2020-12-17 15:15:11
    Good attitude and attitude in foreign trade
    author
    Leonardolee
    Reply:1 | Release time:2021-03-23 16:47:51
    Facebook's Foreign Trade Clearance Cheats
    author
    Leonardolee
    Reply:1 | Release time:2020-12-18 14:31:48
    Attitude determines success or failure
    author
    BowlXu
    Reply:0 | Release time:2019-11-18 10:01:50
    Baidu
    map