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Posted by: thepinetree on 04/04/2018 08:51 AM Updated by: thepinetree on 04/04/2018 08:51 AM
Expires: 01/01/2023 12:00 AM
:

USTR Releases Proposed Tariff List on Chinese Products

Washington, DC...As part of the U.S. response to China’s unfair trade practices related to the forced transfer of U.S. technology and intellectual property, the Office of the U.S. Trade Representative (USTR) today published a proposed list of products imported from China that could be subject to additional tariffs.




Following USTR’s Section 301 investigation, President Trump announced in March that the United States will impose tariffs on approximately $50 billion worth of Chinese imports and take other actions in response to China’s policies that coerce American companies into transferring their technology and intellectual property to domestic Chinese enterprises.  These policies bolster China’s stated intention of seizing economic leadership in advanced technology as set forth in its industrial plans, such as “Made in China 2025.”

The proposed list of products is based on extensive interagency economic analysis and would target products that benefit from China’s industrial plans while minimizing the impact on the U.S. economy.  Sectors subject to the proposed tariffs include industries such as aerospace, information and communication technology, robotics, and machinery.

The proposed list covers approximately 1,300 separate tariff lines and will undergo further review in a public notice and comment process, including a hearing.  After completion of this process, USTR will issue a final determination on the products subject to the additional duties.

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 U.S. economy, as covered by USTR’s Section 301 investigation.

Today’s announcement comes just days after the USTR filed a request for consultations with China at the World Trade Organization (WTO) to address China’s discriminatory technology licensing requirements.  Such consultations are the first step in the WTO dispute settlement process.  If the United States and China are unable to reach a solution through consultations, the United States may request the establishment of a WTO dispute settlement panel to review the matter.

The list of products and intended tariff increases can be found here.


Comments - Make a comment
The comments are owned by the poster. We are not responsible for its content. We value free speech but remember this is a public forum and we hope that people would use common sense and decency. If you see an offensive comment please email us at news@thepinetree.net
Mid West Dump's Voters Angry
Posted on: 2018-04-04 09:30:45   By: Anonymous
 
Many interviewed after Chna's announcement of increased tariffs, on US pork, soybeans, specialty steel, aluminum products are angry at Dumps clumsy ill advised trade war.
Quite a few are saying they won't vote for him again.
Like he will be a candidate in 2020.
Mueller, or the party will not allow the arrogance ignorance to continueIt can't end soon enough.

[Reply ]

    HAHAHAHAHAHAHAHA!!!
    Posted on: 2018-04-04 11:22:55   By: Anonymous
     
    HAHAHAHAHAHAHAHAHA!!! LYING, CHEATING, CROOKED HILLARY!!! HAHAHAHAHAHAHAHAHA!!!


    [Reply ]

      Re: HAHAHAHAHAHAHAHA!!!
      Posted on: 2018-04-05 16:49:05   By: Anonymous
       
      I hope the Chinese don't raise the price of those plastic Salad Shooters.

      [Reply ]

Trump and Tariffs: No Evident PLAN
Posted on: 2018-04-04 19:18:32   By: Anonymous
 
I understand the need to revise the trade agreements with China so they stop forcing our 'brain trust' to share with them intellectual properties in order to gain entry into the Chinese market. Those Chinese policies are unacceptable.

But the tariffs are not solving the problem. Those who use steel are finding that the US mfrs are now upping their their prices to match those of Chinese steel which puts lots of jobs in jeopardy and increases prices for the American consumer. One Midwest mfr who was already using 75% US steel, is worried. He can't get product at a reasonable price and he's already accepted work orders based on a stable steel market.

One soy bean grower said (not exact words): "If we lose the market and China goes elsewhere, t will be difficult to get it back. Once the market is gone, it's gone." These are long-term contracts between countries.

Trade agreements and economic balances are not effectively adjusted by 'Your Fired' TV show antics. We need thoughtful and planned policies. Trump must stop the 'shooting from the hip' in the hopes the outcome is not too disastrous. He's playing with people's REAL lives. But then, he's got money so what does he really know or care about a Midwest pork farmer who could go bankrupt and lose his family business as a result of Trump's actions?

If Trump's actions damage our economy and the lives of farmers and many in the industrial and mfrg sectors, it won't make a difference if he doesn't get re-elected in 2020. The damage will be done and Americans will be suffering for longer than Trump cares.


[Reply ]

    Re: Experts?
    Posted on: 2018-04-05 07:41:00   By: Anonymous
     
    I prefer the business people we have now rather than what Obama put together. The U.S. has taken a back seat to China and it's time we leveled the playing field. I think President Trump is sending the right message around the world that there is a new sheriff in town.

    [Reply ]

      Re: Experts?
      Posted on: 2018-04-05 11:32:12   By: Anonymous
       
      Agreed. America for Americans.

      [Reply ]

No Subject
Posted on: 2018-04-06 09:45:00   By: Anonymous
 
If one really is for America, one should recognize that the proposed tariffs will hurt agricultural producers and average people. Trumps tariffs are also hurting the stock market. But trump can make more money shorting his stock portfolio . Maybe that is why he started the tariffs.

I doubt the tariffs will be applied to all his Chinese made importa

[Reply ]


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