Global EditionASIA 中文雙語Fran?ais
    Business
    Home / Business / China US trade tensions

    China awaits Washington tariff hearing result

    By Dong Leshuo,Ren Xiaojin | China Daily | Updated: 2018-07-27 04:59
    Share
    Share - WeChat

    [Photo/VCG]

    United States' accusations against China of unfair trade practices related to intellectual property protection and technology transfer are unfounded, the Ministry of Commerce said on Thursday.

    The comment was made after a two-day public hearing by the Office of the US Trade Representative was wrapped up in Washington proposing tariffs on another $16 billion worth of Chinese exports.

    In hundreds of comments sent by business associations to the US trade authority office, more than 90 percent opposed the newly proposed tariffs, said Gao Feng, the ministry's spokesman.

    "Since the US conducted a Section 301 investigation, the US has been intensifying trade frictions while blaming China for the negotiations being at a standstill," Gao said.

    Section 301 deals with intellectual property rights issues.

    The two countries have not yet been in touch regarding a possible timetable for a resumption of negotiations, Gao said.

    "China has said many times that it is never eager to take part in a trade war, but it is not afraid to participate if necessary. China will firmly defend its legitimate rights," he said, adding that the country will enhance cooperation with its global trading partners and firmly defend free trade principles and a multilateral trade mechanism.

    The US trade authority also identified an additional $200 billion in goods slated for a 10 percent duty hike after China recently retaliated amid the escalating trade dispute. US President Donald Trump has said he is "ready to go" with tariffs on $500 billion in imports.

    Gao said the US, for domestic political agenda purposes, would rather sabotage the current hard-earned global trade system as well as damage the rights and interests of companies along the entire value chain, including the US agricultural sector.

    "But such blackmailing and threats will not have any impact on China," he stressed.

    Of the tariffs targeting $50 billion in Chinese goods, $34 billion worth took effect on July 6, and the remainder depends on the outcome of the two-day US Trade Representative hearing, which concluded on Wednesday.

    "The proposed action is not in the interests of the United States," the China Chamber of Commerce said. "Raising tariffs will not only hurt US importers, retailers and downstream industries, but also result in a higher cost of living for ordinary Americans and put millions of US jobs that are tied to trade with China at risk."

    Semiconductors are the fourth-largest US export by revenue, with a trade surplus of over $6 billion in 2017, and the US has consistently had a semiconductor trade surplus with China, with a surplus of approximately $2 billion in 2017, according to the US International Trade Commission.

    On the import side, many Chinese-made semiconductors coming into the US are designed and/or manufactured in the US and shipped to China for the final stage of assembly, testing and packaging, the Semiconductor Industry Association said.

    "Tariffs on US semiconductor-related imports from China would cause US companies to pay tariffs on their own products," the association said.

    Contact the writers at renxiaojin@chinadaily.com.cn

    Top
    BACK TO THE TOP
    English
    Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
    License for publishing multimedia online 0108263

    Registration Number: 130349
    FOLLOW US
    CLOSE
     
    亚洲中文字幕无码久久2020| 日韩乱码人妻无码中文视频| 天堂中文8资源在线8| 18禁裸乳无遮挡啪啪无码免费 | 国产激情无码视频在线播放性色| 日韩电影免费在线观看中文字幕| 久久久久亚洲AV片无码下载蜜桃 | 久久久久久国产精品无码下载| 一区二区三区无码高清视频| 日韩精品无码一区二区三区| 国产网红主播无码精品| 无码人妻少妇久久中文字幕| 国产中文字幕在线| 亚洲开心婷婷中文字幕| 亚洲成?Ⅴ人在线观看无码| 成人免费无码H在线观看不卡| 无码欧精品亚洲日韩一区| 亚洲真人无码永久在线| 中文无码熟妇人妻AV在线| 久久久久综合中文字幕| 91中文字幕yellow字幕网| 中文无码喷潮在线播放| 五月婷婷无码观看| 毛片免费全部无码播放| 无码av不卡一区二区三区| 天堂无码在线观看| 无码毛片一区二区三区视频免费播放| AV无码人妻中文字幕| 国产亚洲精久久久久久无码| 十八禁无码免费网站| 亚洲VA中文字幕无码毛片| 亚洲A∨无码无在线观看| 无码人妻精品一区二区三区99仓本| 亚洲成a人片在线观看无码| 亚洲中文字幕不卡无码| 亚洲国产成人精品无码区在线观看| av无码人妻一区二区三区牛牛| 中文字幕丰满乱子伦无码专区| 一本色道无码道DVD在线观看| 精品国产一区二区三区无码| 最新国产AV无码专区亚洲|