USTR lists $200 bil. in Chinese goods to be hit with tariffs
- 6 years ago
The U.S. is going to slap China with another round of tariffs on 2-hundred billion dollars worth of Chinese goods,... following through on President Trump's recent threats to get even tougher on trade with Beijing.
Our Kim Mok-yeon reports.
U.S. Trade Representative Robert Lighthizer on Tuesday released a list of additional Chinese goods worth some 200 billion U.S. dollars... that could be hit with tariffs of ten percent.
Lighthizer says President Trump ordered his office to begin the process in response to China's imposition of tit-for-tat tariffs of 25 percent on 34 billion dollar's worth of U.S. exports last week.
China's new tariffs came a matter of hours after Trump announced that the U.S. was imposing its first round of 25 percent tariffs on 34 billion dollars worth of imports on Chinese goods.
The U.S. Trade Representative criticized Beijing, saying its latest tariffs are (quote) "retaliation" against Washington and that they lack international legal basis or justification.
The list of goods to face ten percent punitive duties includes frozen meats, fresh fish and seafood, butter, onions, and a long list of chemicals.
The USTR will begin a public notice and comment process prior to the imposition of the final tariffs, which could come into effect as early as September.
Kim Mok-yeon, Arirang News.
Our Kim Mok-yeon reports.
U.S. Trade Representative Robert Lighthizer on Tuesday released a list of additional Chinese goods worth some 200 billion U.S. dollars... that could be hit with tariffs of ten percent.
Lighthizer says President Trump ordered his office to begin the process in response to China's imposition of tit-for-tat tariffs of 25 percent on 34 billion dollar's worth of U.S. exports last week.
China's new tariffs came a matter of hours after Trump announced that the U.S. was imposing its first round of 25 percent tariffs on 34 billion dollars worth of imports on Chinese goods.
The U.S. Trade Representative criticized Beijing, saying its latest tariffs are (quote) "retaliation" against Washington and that they lack international legal basis or justification.
The list of goods to face ten percent punitive duties includes frozen meats, fresh fish and seafood, butter, onions, and a long list of chemicals.
The USTR will begin a public notice and comment process prior to the imposition of the final tariffs, which could come into effect as early as September.
Kim Mok-yeon, Arirang News.