War of Rights, Trump taxes food and tobacco from China: 200 billion lire – Repubblica.it



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NEW YORK – The escalation in the homework war that US President Donald Trump had announced last week could reignite already tonight. Although the Donald has just landed in Europe, in a few hours engaged in this NATO summit that is already very complicated, the United States is preparing a new crack against the Chinese: ready to announce a new list of products to tax, this time to 10%, for a huge total value, of about 200 billion dollars. The rights, which they are confirmed in the coming weeks, should therefore be added to the 25% tariff imposed by Washington on 34 billion Chinese imports, which came into effect last Friday. Slot to which immediately after China responded by taxing 545 US products, almost all agricultural.

To broadcast the news is the financial site Bloomberg citing government sources. And is confirmed by certain statements reported by Fox New s made by Robert Ligthizer the representative for foreign trade, which defined the new tariffs: "the response to Chinese retaliation and their incapacity to change their practices, an appropriate response that will serve to eliminate harmful Chinese industrial policies. " If the rights previously imposed by the Americans were almost exclusively industrial products, justified also by a patent war that actually forced China to give in, the new list aims to tax the food market : sea, vegetables, fruits, cereals and tobacco.

The first reactions are perplexed, even on the Republican side. The Chairman of Senate Finance Committee Orrin Hatch a veteran of the Elephant Party as a member of Congress since 1977, said that he was dismayed: "I have supported the efforts from the administration when it hit China to fight the copyright issue and how it appropriated our patents, but tonight 's announcement seems reckless ". And then continue: "It is true that we can not turn a blind eye to Chinese business practices, this action will not open future negotiations."

But President Trump does not seem ready to give up the tugging A long-standing commercial venture that has already threatened to fully tax $ 550 billion in total, even at the cost of endangering the currently booming US economy, and once again the president's global vision is based on his local interests. : Trump considers that the trade deficit with China (375 billion that he wants to bring to 200) is penalizing for the United States, and especially for the states that represent the hard core of its base, from Pennsylvania to Michigan. With all due respect to the television commentators who followed for Cnn once again claiming that the Donald behaves with China with the same impudence with which he has confronted commercial rivals on the market real estate in New York. Too bad that if you do not find a negotiated solution and you continue with revenge, the global consequences are likely to escape everyone.

Arguments:
Customs Duties
United States
China
Protagonists:
Donald Trump
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