US to slap tariffs on extra $200 billion of Chinese imports

The Trump administration is readying tariffs on another $200 billion USA in Chinese imports, ranging from burglar alarms to mackerel. The move makes good on the president's threat to respond to China's retaliation for the initial us tariffs on $34 billion in Chinese goods, which went into effect on Friday and would eventually place almost half of all Chinese imports under tariffs.

Lighthizer's office will hear public comments on the plan and will reach a decision after August 31, according to a senior administration official who briefed reporters on condition of anonymity.

China accused the U.S. of starting "the largest trade war in economic history", after the first round of tariffs took effect last week.

The U.S. complains that China uses predatory practices, including outright cybertheft, in a push to challenge American technological dominance.

China's retaliation to those measures was "without any worldwide legal basis or justification", Lighthizer said Tuesday.

The list could be released as soon as Tuesday, and likely this week, according to the people, who spoke on condition of anonymity because the matter isn't public.

China immediately retaliated with duties on the same value of USA goods, including soybeans and cars.

Chinese retaliation: China has threatened to retaliate dollar-for-dollar if the Trump administration imposes a new round of tariffs. China has vowed to retaliate dollar-for-dollar to any further USA tariffs.

Federation Internationale de Football Association acknowledges World Cup fever in Bangladesh
In turn, thousands of ecstatic fans showed up on Vorobyovy Gory on Sunday to thank their heroes for an awesome World Cup . This was quickly followed up with a 3-1 win over Egypt and Cherchesov's' team punching their ticket for the Round of 16.


"Tariffs on such a broad scope of products make it inconceivable that American consumers will dodge this tax increase as prices of everyday products will be forced to rise".

David Cohen, a political scientist at the University of Akron, said the pressure on Mr. Trump will mount as the economic pain spreads from affected companies to be more widely felt by consumers.

"As in the past, the United States is willing to engage in efforts that could lead to a resolution of our concerns about China's unfair trade practices and to China opening its market to USA goods and services", he added. China quickly responded by imposing tariffs on $34 billion in USA products.

Trump authorized an initial $50 billion in tariffs - including the $34 billion that took effect Friday - to match those losses.

In addition, the U.S.is considering separate duties on a further US$16 billion in Chinese goods, after a public hearing later this month.

"For companies that are severely impacted, we suggest they report to local government departments", the Commerce Ministry said in a statement Monday.

The Washington Post's Danielle Paquette reported from Beijing.

(Copyright © 2015. All Rights Reserved.)
 
Recommended

Donald Trump defends US position against worldwide breastfeeding resolution
The administration also denied that USA officials had threatened trade sanctions in the debate over the breastfeeding resolution. In the end, the US's effort to dash the World Health Organization resolution encouraging breastfeeding was largely unsuccessful.

These are the semi-final matchups at the FIFA World Cup (SCHEDULE)
We have completed it. "But for us, it's all about the experience ". "Thank you for coming on our ride with us". I think in the first half I wasn't as sharp or as good on the ball as I should have been.

Michael Cohen’s New Attorney Has Already Started Bashing Trump
Strzok didn't immediately respond to requests for comment. "Simply accepting the denial of Mr. My quote is not evidence of a crime, it's a factual basis for the investigation.

Rockets determined to sign Carmelo Anthony
The Rockets are among the teams that Anthony is reportedly interested in playing for, though money could be an issue. If he joined the Heat, he could slot in at power forward in a frontcourt with Hassan Whiteside and Josh Richardson.

Microsoft announces the Surface Go, a $399 tablet aimed at education
Now in the latest burst of the saga, a Reddit post claims that Microsoft might launch the 10-inch Surface as early as this week. The Microsoft Surface Go features Intel's Pentium Gold 4115Y processor , that's clocked at 1.6GHz with a 6W TDP.

Divers embark on mission to rescue final 5 trapped in Thai cave
So the challenge for the children lies in keeping in keeping calm while remembering the minutiae of a new skill, Foisey said . All eight boys, aged between 12 and 16, are being treated in an isolation ward in Chiang Rai Prachanukroh hospital.

Kylie Jenner Reveals She ‘Got Rid’ Of Her Lip Fillers
However, in an interview with ES magazine in May she noted that she had no desire to undergo plastic surgery. Kylie also posted another photo of the duo, in which she's pursing her lips for the camera.

Feds say they will release, reunite 50 immigrant children
The order provided the administration with 15 days to reunite children under the age of 5 and 30 days to reunite all others. As noted above, we do not know exactly how many children were separated from their families or how many have rejoined them.

Prince Louis' Godparents Compared To Princess Charlotte & Prince George's: The Major Differences
He wore the handmade replica of the Royal Christening Robe, which was commissioned by the Queen in order to preserve the original. Louis's grandparents - the Prince of Wales and the Duchess of Cornwall - were also at the ceremony.

NOLA Family Says Goodbye to Son with a Unique Sony Spin
While his family tries to deal with the awful tragedy, they have chosen to say goodbye in a unique, but loving way. Renard Matthews , 17, was killed on June 26 near the intersection of Independence and Tonti streets.

Hamilton stages dramatic comeback but Vettel wins
But in a post released on his Instagram account on Monday, Hamilton said: "Kimi said sorry and I accept it and we move on". According to Autosport , Toto Wolff , head of Mercedes F1, simply referred to the event as a "racing incident".

Tenth person rescued from Thai cave on third day of operation
Every step of the extraction is risky", said Narongsuk Keasub, a diver for the Electricity Generating Authority of Thailand. The remaining five members of the Thai soccer team will be rescued from the cave today, officials have confirmed .

George Clooney Rushed to Hospital After Scooter Accident In Italy
The image showed slight damage to the actor's bike and smashed glass to the left of the Mercedes car's windscreen. He has a home on Lake Como and was married in Venice in 2014 to the British human rights attorney, Amal Clooney .

Samsung opens world's largest smartphone factory in India
The Noida factory, which was set up in 1996, is one of the first global electronics manufacturing facilities set up in India. During a short tour of the new production line, Moon and Modi met with two Indian engineers at the plant.

IHOb is dead and we're back to IHOP again
Prior to the IHOb campaign, 19% of U.S. adults said they had talked about the chain in the past two weeks. Now we know it was just a marketing scheme to get the word out about its new burger line.


More News

News
More News