The United States Announces $ 200 Billion in Chinese Goods for Additional Tax



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The US Trade Representative (USTR) said China would apply 10 percent additional tariffs, as prepared by President Donald Trump on June 18.

There are a variety of products listed on the nearly $ 200 billion list of 5 thousand products, from seafood to sports gloves, natural and chemical minerals to vegetables and fruits, tobacco products to automotive tires.

The announcement of the American business community and the public comment was announced to be finalized within 60 days in the light of comments

"TRUMP PROCESS START INSTRUCTION GIVEN" [19659005] Robert Lighthizer, US Trade Representative, said in a statement on the list that the United States had begun to apply duties on Chinese products of about $ 34 billion in response to China's unfair activities on Friday. last

. "China has threatened the United States with $ 34 billion in tariffs for US products and more tariffs for the proceeds of $ 16 billion. President Trump has given orders to launch a process for the USTR to impose a 10% tax on Chinese imports of $ 200 billion, despite international legal bases and unexplained reprisals from China.

Trump

The Beijing Administration has responded to all stages of the United States with a "shortened" perspective, accusing Trump of launching the biggest trade war on the history of the United States. 39, world economy, while the Chinese people

AMERICAN-CHINESE TRADE WAR

Developments considered the beginning of a trade war between the United States and China, Trump administration imports March 23 steel and alumina respectively 25% and percentile

In response to additional tariffs on steel and aluminum products from Washington, China introduced tariffs of 15 to 25 percent on 128 US products at the beginning of the year.

announced that it would bring two more additional customs duties of 25 percent to more than 50 Chinese products worth $ 50 billion, due to the illegal activities of US companies to capture their technology and their intellectual property.

The reaction was not delayed.

US President Donald Trump reported on June 18 that if China gave back the previously announced tariffs, the Chinese Ministry of Commerce, in response to this decision, would impose a 25% customs tax on 659 items imported from the United States. .

When the calendars showed on July 6, the US government officially began to apply 25 percent of additional tariffs on more than 800 products worth $ 34 billion imported from China.

The publication of the US $ 200 billion list of products of Chinese origin, which the USTR has prepared in response to a resignation from China, is the result of the growth similar to that of the United States as a snowball. It was the last move for the moment in the trade war.

There are a variety of products ranging from seafood to sport gloves, natural and chemical minerals to fruits and vegetables, and tobacco products to automobile tires, with about $ 200 billion of products on the list.

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