October 14, 2019, 22:01


US Unveils Tariffs on China’s Aerospace, Communication Technology Imports

US Unveils Tariffs on China’s Aerospace, Communication Technology Imports

US Unveils Tariffs on China’s Aerospace, Communication Technology Imports
©
REUTERS/ Stringer Business01:24 04.04.2018(updated 01:25 04.04.2018) Get short URL7910

WASHINGTON (Sputnik) – The United States is set to impose additional tariffs on around 1,300 Chinese products, including those produced by China’s aerospace and information technology industries, the Office of the United States Trade Representative said in a press release.

“The proposed list of products is based on extensive interagency economic analysis and would target products that benefit from China’s industrial plans while minimizing the impact on the U.S. economy. Sectors subject to the proposed tariffs include industries such as aerospace, information and communication technology, robotics, and machinery,” the release said on Tuesday.

The list contains such products as LEDs, transistors, semiconductor devices, motorcycles, railway locomotive components and many others.

Beijing recently announced its tariffs on US products in retaliation to US President Donald Trump’s earlier decision to tax up to $60 billion worth of goods imported from China. The move set financial markets in the United States on another dive course with Dow sinking from 24,076 at the start of trading on Monday to 23,638 and the S&P 500 loosing about 2.2 percent of its value.

The Beijing’s retaliatory measure is reported to be likely only the first of many rounds.

White House Deputy Secretary Lindsay Walters said Monday that China needs to stop its “unfair trading practices” instead of  targeting fairly traded US exports.

Sourse: sputniknews.com

Related posts

Leave a Reply

Your email address will not be published. Required fields are marked *

Weather

Moscow

Today10/14/2019
10℃

Tue
10/15/2019
light rain

  • light rain
  • HI/LO: 10/3
  • Clouds: 97%
  • Wind: 5.34 m/s
  • Wind Direction:
  • Pressure: 1017hPa
  • Humidity: 78%

Wed
10/16/2019
sky is clear

  • sky is clear
  • HI/LO: 7/1
  • Clouds: 3%
  • Wind: 3.78 m/s
  • Wind Direction: SSE
  • Pressure: 1027hPa
  • Humidity: 66%

Thu
10/17/2019
light rain

  • light rain
  • HI/LO: 14/7
  • Clouds: 100%
  • Wind: 5.48 m/s
  • Wind Direction: SW
  • Pressure: 1013hPa
  • Humidity: 84%

Fri
10/18/2019
broken clouds

  • broken clouds
  • HI/LO: 6/3
  • Clouds: 53%
  • Wind: 3 m/s
  • Wind Direction: ENE
  • Pressure: 1024hPa
  • Humidity: 70%

Sat
10/19/2019
broken clouds

  • broken clouds
  • HI/LO: 7/3
  • Clouds: 66%
  • Wind: 3.21 m/s
  • Wind Direction: S
  • Pressure: 1026hPa
  • Humidity: 73%

Sun
10/20/2019
few clouds

  • few clouds
  • HI/LO: 10/5
  • Clouds: 14%
  • Wind: 3.35 m/s
  • Wind Direction: SSW
  • Pressure: 1027hPa
  • Humidity: 70%

NEWS

    Сторонняя реклама



    Статьи
    Статьи В
    Создание Сайта Кемерово, Создание Дизайна, продвижение Кемерово, Умный дом Кемерово, Спутниковые телефоны Кемерово - Партнёры
    Яндекс.Метрика