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      Economy

      China planning U.S. import tax

      1
      2018-03-23 09:02chinadaily.com.cn Editor: Li Yan ECNS App Download

      China plans tariffs on some U.S. imports to offset loss on steel and aluminum products, the Ministry of Commerce claims on Friday.

      According to the ministry, these proposed tariffs involve 128 products China imports from the United States, with a value of $3 billion.

      Among the figure, 120 products worth a total of $977 million and including fresh fruits, nuts, wine and seamless steel pipes, will be levied a 15 percent tariff, while a 25 percent tariff will be imposed on eight other products with a worth of $1.992 billion, including pork, pork products and recycling aluminium.

      U.S. President Trump's signed a memorandum on Thursday authorizing punitive annual tariffs of up to $60 billion on Chinese exports under a Section 301 case on Chinese intellectual property policies and practices.

      Trump signs tariffs memorandum against China despite strong warnings

      Despite strong warnings from business groups and trade experts, U.S. President Donald Trump on Thursday signed a memorandum that could impose tariffs on up to 60 billion U.S. dollars of imports from China, the latest unilateral move that poses a threat to global trade.

      U.S. bullying poses threat to global trade

      Despite warnings from business groups and trade experts, U.S. President Donald Trump on Thursday signed a presidential memorandum that could impose tariffs on up to 60 billion U.S. dollars of imports from China, the latest unilateral move that poses a threat to global trade.

      U.S. industries stand to lose if Trump imposes tariffs on Chinese imports

      Had Levi Strauss & Co., a famous jeanswear manufacturer, not expanded its business into emerging markets including China, Russia and India around 2011, it would have still been enduring a rough time at home in the heavily competitive retail market of casual pants.

      China to take necessary measures against U.S. protectionism

      China will "take all necessary measures" to defend its rights and interests, an official with the Ministry of Commerce said Thursday, responding to media reports that the United States will soon release results of a Section 301 investigation against China.

      Trump's China tariff plan stokes trade worries, triggers market selloff

      Despite strong warnings from business groups and trade experts, U.S. President Donald Trump on Thursday signed a memorandum that could impose tariffs on up to 60 billion U.S. dollars of imports from China, in a unilateral move that triggered market selloff.

      U.S. stocks plunge on tariffs for China

      U.S. stocks plunged on Thursday to the Trump administration's announcement of new tariffs on Chinese imports, and various business and trade organizations said that while they shared the administration's concern over intellectual property and trade practices in China, the tariffs could be a costly remedy.

      U.S. tariffs will 'hurt world trade prospects'

      The nation will take active measures to confront challenges from trade investigations launched by the United States and firmly defend its manufacturers' interests, a senior commerce official said in a statement released on Wednesday.

        

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