Friday, 19 October, 2018

Trump administration moves ahead with new round of tariffs on Chinese imports

Cars to be exported are seen at a port in Lianyungang Jiangsu province China Cars to be exported are seen at a port in Lianyungang Jiangsu province China
Laurie Berry | 09 August, 2018, 04:38

The dispute has continued to escalate as the sides exchange threats, and Trump last week threatened to jack up the tariff rate on the next $200 billion in Chinese imports it plans to target to 25 percent, from the planned 10 percent.

Chinese and U.S. flags are set up for a meeting during a visit by U.S. Secretary of Transportation Elaine Chao at China's Ministry of Transport in Beijing, China April 27, 2018.

July figures showed the US' trade deficit with China decrease only slightly.

March 22:Trump announces plans to hit$50 billion worth of Chinese goods with a 25% tariff.China announces tariffsin retaliation to the steel and aluminum duties and promises a response to the latest U.S. announcement.

China has now either imposed or proposed tariffs on $110 billion of USA goods, representing the vast majority of China's annual imports of American products.

"My expectation is that U.S. tariffs on $250 billion of imports from China will be in effect about a month prior to the November U.S. elections".

In the latest move by President Donald Trump to put pressure on Beijing to negotiate trade concessions, Washington is set to begin collecting 25 percent tariffs on another $16 billion in Chinese goods on August 23.

Twitter is not banning Alex Jones; Jack Dorsey explains why
It's on everyone else. "This is what serves the public conversation best", Dorsey said. Dorsey directed readers towards an article further explaining Twitter's rules.

Washington imposed 25% duties on $34bn (£26.3bn) of Chinese goods on 6 July in response to those complaints.

The U.S. announced its additional tariffs Tuesday. With higher oil prices this year and the taxes they now can't avoid paying, the teapots are expected to reduce their imports, threatening China's oil demand growth, and ultimately, global oil demand growth.

"There is no off-ramp, and Trump has given China little wiggle room to save face and come to the bargaining table", he said.

All China's main state newspapers published a lengthy commentary by the official Xinhua news agency, entitled "declaration", on their front pages.

Washington applied a 25% tariff on Chinese imports including airplane tires and various industrial parts.

Such practices include rules compelling companies in certain sectors to take on local partners if they want to do business in China.

His administration confirmed that its trade assault would soon cover more than $50 billion of products from China.

Recommended

Chris Pratt Blockbuster ‘Cowboy Ninja Viking’ Put On Hold Indefinitely Chris Pratt Blockbuster ‘Cowboy Ninja Viking’ Put On Hold Indefinitely Perhaps things behind the scenes of Cowboy Ninja Viking have just been far more complicated than any of us laymen ever realized. She is also developing The Nightingale , a WWII thriller that is set up over at Tr-Star.

Georgia into the Hall of Fame after Women’s British Open glory Georgia into the Hall of Fame after Women’s British Open glory Lee slumped to a 10th place finish. "I'm glad I finally played well around here, just in time to leave, " he said. He turned in a dud, and a birdie on the 18th hole gave him another 73 to leave him 15 shots behind.

Fear of demand fall-off hits oil price Fear of demand fall-off hits oil price He noted that: "Anyone doing business with Iran will NOT be doing business with the United States". This was the company's first mini-term tender to buy United States oil, the executive, A.K.

Watch Today's Super Smash Bros. Ultimate Direct Here! Watch Today's Super Smash Bros. Ultimate Direct Here! There are actually only two *brand* new pugilists, plus three extra "Echo" fighters - altered clones of existing characters. In a Super Smash Bros . first, the Stage Morph option will let players seamlessly transition between two different stages .

Astronomers find rogue planet dozen times more massive than Jupiter Astronomers find rogue planet dozen times more massive than Jupiter This is the first radio-telescope detection and first measurement of the magnetic field of such an object beyond our solar system. They're dubbing it "rogue" because it's mysteriously "drifting" through space without any kind of orbit around a parent star .

Tesla board says Musk started going-private talks last week Tesla board says Musk started going-private talks last week Investors must now weigh whether giving even more freedom to Musk, and the extra debt the deal may incur, is worth it. Trading in Tesla was halted for an hour and a half on Tuesday afternoon, by which time the stock had soared to $370.

Carrie Underwood Is Pregnant: See Her Cutest Moments With Son Isaiah Carrie Underwood Is Pregnant: See Her Cutest Moments With Son Isaiah The camera then panned out to show Carrie was sitting under balloon letters spelling out the word "Baby". This has just been a dream come true with album, with baby news and all that stuff.

Canadian dollar whipsaws as row with Saudi Arabia escalates Canadian dollar whipsaws as row with Saudi Arabia escalates Since then, the Saudi kingdom has pursued a scorched-earth policy towards anything related to Canada. The selling began on Tuesday, it said.

Next Year's Oscars Will Feature "Popular" Movies And Will Be Much Shorter Next Year's Oscars Will Feature The dirty (not so) secret of the Academy Awards is that they've never really been a benchmark of excellence to begin with. The Academy of Motion Picture Arts and Sciences has announced that the 92nd Academy Awards will air on February 9, 2020.

MCU Movies to Move from Netflix to Disney's Streaming Service MCU Movies to Move from Netflix to Disney's Streaming Service Comcast is still locked in a bidding war with Fox for control of Sky, the United Kingdom satellite TV distributor. Now, thanks to this report, we know that from Captain Marvel on, they will be heading to Disney's own platform.

NASA set to announce astronauts for SpaceX, Boeing missions NASA set to announce astronauts for SpaceX, Boeing missions NASA's response to GAO's warnings about a potential gap in having US astronauts aboard ISS is that it is "brainstorming" options. On the first operational mission to the International Space Station , Sunita Williams and Josh Cassada would fly for Boeing .

Indonesian rescuers struggle to reach cut-off villages after deadly quake Indonesian rescuers struggle to reach cut-off villages after deadly quake A woman's body was recovered from the rubble of a collapsed mosque in Bangsal district, in the north of the island. Nugroho said authorities deployed ships to evacuate people from the three islands.

Trump aide was committing tax crimes for years - star witness Trump aide was committing tax crimes for years - star witness Gates also said he may have submitted personal expenses for reimbursement by Trump's inaugural committee, which he helped operate. Manafort also included Calk on a list he emailed to Gates of people he wanted to invite to Trump's inauguration.

Pentagon Restricts Use of GPS-Enabled Fitness Trackers Pentagon Restricts Use of GPS-Enabled Fitness Trackers The Department of Defense has banned the use of any smartphone and applications that use geolocation services in operational areas.

China unveils additional retaliatory tariffs on $60bn of U.S. goods China unveils additional retaliatory tariffs on $60bn of U.S.  goods Trump has ultimately threatened tariffs on over $500 billion in Chinese goods, covering virtually all USA imports from China. China recently threatened to slap retaliatory tariffs on an additional $60 billion in USA goods.