White House slaps 25% tariff on $50 billion worth of Chinese goods
30 May, 2018, 12:17 | Author: Priscilla Morrison
After Beijing promised to retaliate in kind to any duties, the president raised the ante to slap tariffs on an additional $100 billion in Chinese goods.
President Trump said Tuesday that he would proceed with tariffs on $50 billion in Chinese imports and introduce new limits on Chinese investment in USA high-tech industries as part of a broad campaign to crack down on Chinese acquisition of US technology.
The China Daily newspaper said the repeated USA claim that Beijing had forced foreign firms to transfer their technologies to Chinese businesses was without evidence and was being used as an excuse to facilitate its trade protectionism. A delegation led by U.S. Commerce Secretary Wilbur Ross is due to arrive Saturday in China.
The latest talks focus on USA claims of intellectual property theft by China.
Officials in the Trump administration have sought to distance ZTE from the trade talks, but the president previously linked the two issues.
According to AP, the official said the instructions also stated that Chinese citizens seeking visas would need special clearance from multiple US agencies if they work as researchers or managers for companies on a US Commerce Department list of entities needing higher scrutiny.
The White House statement also said the USA plans to continue litigation at the World Trade Organization for China's intellectual-property practices.
Specifics of the new limits will be announced by June 30 and will take effect "shortly thereafter", the White House said. It was one of the justifications the Trump administration used to propose tariffs at the time.
The decision comes after top administration officials have tried to dampen fears of a trade war.
But there had been some hope among free traders and the anti-tariff camp that the stiffer tariffs would ever ultimately go into effect after the two countries launched a trade dialogue earlier this month in Beijing.
The measures would in some cases cut short the amount of time that a Chinese citizen could stay in the USA and would be decided on a case-by-case basis, according to the official, who was granted anonymity to discuss the changes before they were announced.
The changes come as Trump seeks to crack down on China's trade practices, especially those related to cutting-edge industries that Beijing wants to dominate.
The White House issued a second statement listing the details of many complaints against China, including dumping of goods into the USA market at below market value, high tariffs and overcapacity - likely referring to steel and aluminum, which are subject to another set of harsh U.S. tariffs.
The Chinese government said the announcement "is obviously in violation of the consensus reached in Washington recently by both China and the United States". It says Beijing has the confidence, ability, and experience to safeguard its core interests. Trump has been criticized since the campaign for having no plausible proposal to distinguish his policymaking in office from his business activities, and that criticism has only increased since he moved into the White House. Trump is using trade negotiations to recoup the losses. Some, like Mr. Mnuchin, have focused on a potential compromise deal that would require China to buy huge amounts of American products while still forestalling the possibility of a trade war.
Initially, Hecker said the United States should push for North Korea to dismantle the more unsafe aspects of its nuclear program. The US has linked him to the hacking of Sony Pictures' computer networks in 2014 and has him on its list of sanctioned entities.
Argentinian Marco Trungelliti had embarked on a nine-hour drive from Barcelona to Paris on Sunday - and it proved well worth it. It's a poor return for a player of such pedigree, but expect all of that to change very soon, starting at Roland Garros.
Symptoms of Nipah virus are trouble in breathing, brain swelling, headache, fever, drowsiness, disorientation and delirium. The anganwadis in these regions too, have been asked to close down to avoid the spread of the virus among children.
His Liberals face a hard balancing act in trying to champion climate action while supporting growth in Canada's oil sector. Trudeau's commitments to reconciliation with Indigenous peoples are coming to an unavoidable conflict with this pipeline.
Users can also download all iCloud data, including photos, bookmarks, reminders, calendars, and other documents. Currently, users outside of the European Union can only access the options to correct data or delete accounts.
The Rotondo's even offered their son money to find another place to live and fix his broken auto that sits in front of the home. Despite that, Michael Rotondo insisted he should have been given six month's notice to move out, as per Kosa v.
Brief tornadoes are possible from northern Florida into central and southern Georgia, southern SC and southeastern Alabama. Onshore areas along the coast also account for about 45 percent of USA refining capacity and 51 percent of gas processing.
What you can not avoid is the feeling you have the night after the game. "We started well, exactly like we wanted", Klopp said. Below is a look at what we learned from an encapsulating game as the curtain came down on the European season in style.
Slaviša Jokanović's side was reduced to 10 men in the 70th minute, after defender Denis Odoi picked up his second yellow card. However, subsequent replays showed that there was far more to the incident than first met the eye.
The Celtics had been a spotless 10-0 this postseason at TD Garden before James & Co. delivered a lone season-ending blemish. Horford said of James' overall performance, "It's one of those things that I've got to tip my hat off to him".
Nearly every taxicab ride in the five boroughs is charged a 50-cent tax, money that helps fund the Metropolitan Transit Authority. The deal requires that he assist government prosecutors in state or federal investigations , the Times said.
Apple releases iOS 11.4 with Messages in iCloud
It also means that all of your iMessages will automatically show up on any new Apple device that supports the messaging service. Tap there, and the iOS 11 .4 update should be waiting for you to download just by following the onscreen prompts.
Service dog gives birth in Tampa airport
A round of applause - and a few barks - echoed through the terminal after Puppy 8 (a girl!) was successfully delivered. The owners told reporters they planned to get some rest before driving the new pup family to Pennsylvania.
LeBron James Forces G7 With HISTORIC Performance
No foul was called on the play on Tatum , who ran straight into Love. "I have a knot on the back of my head and he didn't return. The former Celtic finished 4-of-10 from the floor and 5-of-5 from the stripe, adding three boards and a pair of blocked shots.
NBA PLAYOFFS Rockets edge Warriors, lead 3-2
Houston won despite James Harden missing all 11 of his three-point attempts while finishing with 19 points on 5-of-21 shooting. After Kevin Durant signed with the Warriors in 2016, Golden State was slated to be a lock for the Finals as long as he stayed.
Apple blocks Steam Link on iOS for 'business conflicts'
The company doesn't take a cut out of these sales and you could be doing such things on any other remote desktop client as well. What business conflict could possibly block an app that streams PC games? The firm appealed, but Apple did not relent.
NFL Requires Players To Stand For National Anthem
The owners spent several hours addressing the contentious issue - which has reached all the way to the White House. Goodell's statement echoes this misinterpretation, saying kneeling is disrespectful to "the flag".