Trump car tariff threat divides Detroit's blue and white collars

Trump car tariff threat divides Detroit's blue and white collars

Trump car tariff threat divides Detroit's blue and white collars

The United States will levy a 25 percent tariff on $50 billion of goods imported from China, the White House announced on Tuesday, May 29.

In what appears to be an effort to ratchet up pressure on China to make greater concessions in ongoing trade negotiations, the Trump administration announced today it was moving forward with tariffs and other trade restrictions associated with US claims of intellectual property theft by Chinese enterprises.

The statement further read, "The United States will continue efforts to protect domestic technology and intellectual property, stop noneconomic transfers of industrially significant technology and intellectual property to China, and enhance access to the Chinese market".

In the May 29 announcement, the Trump administration said it will release a final list by June 15 of imported products that would be subject to the tariffs.

President Donald Trump's unpredictability has made President Xi Jinping look rather prescient. After Trump administration officials traveled to China at the start of the month, a Chinese delegation came to Washington two weeks later. In retaliation, China announced plans to impose new tariffs of 25 per cent worth United States dollars 50 billion on 106 American products including items like soybeans which could hurt American farmers.

The US government has threatened to impose tariffs on $50bn of imports from China unless Beijing addresses the issue of the theft of American intellectual property, once again raising the prospect of a trade war.

"We will counteract whatever comes our way, and if the U.S. insists on acting recklessly, China will inevitably adopt firm and forceful measures".

Hua declined to say whether Tuesday's announcement might disrupt plans for US Secretary of Commerce Wilbur Ross to visit Beijing on Saturday for more talks. Proposed investment restrictions will be announced by June 30 and also take effect at a later date.

This latest trade escalation comes after the two sides had agreed during talks in Washington in May to find ways of narrowing China's $375 billion trade surplus.

Beyond the student limits, U.S. consulates and embassies reportedly received instructions that any Chinese citizen applying for a visa will need to secure additional special permission form the U.S. if they work in research or management for any company the U.S. Commerce Department lists as an entity "requiring higher scrutiny".

President under pressure to stay tough in cold China trade war.

The United States Trade Representative will also continue a dispute settlement with the World Trade Organization (WTO) against China.

The White House also said on Tuesday the US plans to continue litigation at the World Trade Organization for China's intellectual-property practices.

But Navarro told host Maria Bartiromo on Wednesday: "This is a trade dispute that we are having with China".

In response, China says it has the confidence, capability and experience to defend the interests of Chinese people and the core interests of the country.

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