Views: 15540|Replies: 6

US imposes new tariffs on $200bn of Chinese goods [Copy link] 中文

Rank: 8Rank: 8

Post time 2018-9-18 15:56:24 |Display all floors
(BBC) The US is imposing new tariffs on $200bn (£150bn) worth of Chinese goods as it escalates its trade war with Beijing.
4.jpg

These will apply to almost 6,000 items, marking the biggest round of US tariffs so far.

Handbags, rice and textiles will be included, but some items expected to be targeted such as smart watches and high chairs have been excluded.

China has previously vowed to retaliate against any further US tariffs.

The taxes will take effect from 24 September, starting at 10% and increasing to 25% from the start of next year unless the two countries agree a deal.

President Donald Trump said the latest round of tariffs was in response to China's "unfair trade practices, including subsidies and rules that require foreign companies in some sectors to bring on local partners.

"We have been very clear about the type of changes that need to be made, and we have given China every opportunity to treat us more fairly.

"But, so far, China has been unwilling to change its practices," he said.

He also warned that if China retaliated then the US would "immediately pursue phase three" which would mean imposing further tariffs with taxes on another $267bn worth of Chinese products.

Use magic tools Report

Rank: 6Rank: 6

Post time 2018-9-24 19:58:05 |Display all floors
And China is feeling the pinch and you know it's got to hurt.

Use magic tools Report

Rank: 8Rank: 8

Post time 2018-9-25 11:03:38 |Display all floors
Boston101 Post time: 2018-9-24 19:58
And China is feeling the pinch and you know it's got to hurt.

You people simply cant accept it that China stopped taking your WASTE  and you folks started that trade war...

  Since you seem incapable to handle your own plastic etc. waste, why do you buy Chinese produced goods to start off with?

  When are you going to levy tariffs on 'RARE EARTH"?

Use magic tools Report

Rank: 6Rank: 6

Post time 2018-9-25 22:00:28 |Display all floors
Boston101 Post time: 2018-9-24 19:58
And China is feeling the pinch and you know it's got to hurt.

The American consumers are feeling the pinch, and it really hurts.
Believe it or not, it's true.

Use magic tools Report

Rank: 8Rank: 8

Post time 2018-9-27 10:58:47 |Display all floors
Liononthehunt Post time: 2018-9-25 22:00
The American consumers are feeling the pinch, and it really hurts.

I had a good laugh while their boss man (after arriving late) at the UN meeting told the Audience how much Uncle Sam achieved while under his helm...

  Loud laughter said more as 40 A4 pages

Use magic tools Report

Rank: 6Rank: 6

Post time 2018-10-1 04:42:14 |Display all floors
emanreus Post time: 2018-9-25 11:03
You people simply cant accept it that China stopped taking your WASTE  and you folks started that  ...

China had large tariffs on US goods before Trump leveled the playing field. As such; China had maintained high duties on some products that compete with their sensitive domestic industries. For example, the tariff on large motorcycles is 30 percent. Likewise, most video, digital video, and audio recorders and players still face duties of approximately 30 percent. Raisins face duties of 35 percent. So the US didn't start it. But they will end it.

Use magic tools Report

Rank: 6Rank: 6

Post time 2018-10-1 15:08:31 |Display all floors
Boston101 Post time: 2018-10-1 04:42
China had large tariffs on US goods before Trump leveled the playing field. As such; China had mai ...

The US won't end anything but the Trump administration, by playing the tariff card.
Believe it or not, it's true.

Use magic tools Report

You can't reply post until you log in Log in | register

BACK TO THE TOP
Contact us:Tel: (86)010-84883548, Email: blog@chinadaily.com.cn
Blog announcement:| We reserve the right, and you authorize us, to use content, including words, photos and videos, which you provide to our blog
platform, for non-profit purposes on China Daily media, comprising newspaper, website, iPad and other social media accounts.