Donald Trump's China Tariffs Don't Apply to Ivanka

Marco Green
July 11, 2018

Beijing immediately retaliated with similar duties on USA exports.

The move is the latest escalation of the ongoing trade war between Washington and Beijing.

"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 said.

The president of the European Union Chamber of Commerce in China, Mats Harborn, said Tuesday one of its members moved final assembly of goods for the American market from China to a newly created US company.

"We encourage companies to optimize the structure of imports, increase imports of soybean, agricultural products, as well as seafood and cars from other countries and regions", said the ministry, explaining that the measures are aimed at mitigating the effects of the trade war with the United States. "This is an appropriate response under the authority of Section 301 to obtain the elimination of China's harmful industrial policies".

The move drew immediate condemnation from Senate Finance Chairman Orrin Hatch, a Republican from Utah, who called it "reckless" and not "targeted".

"Trump's escalation of trade hostilities makes it increasingly hard to envision an exit path from an all-out trade war".

All told, Trump has threatened eventually to slap tariffs on up to $550 billion in Chinese imports - more than China actually exported to the United States past year - if Beijing won't relent to US pressure and continues to retaliate. "Unfortunately, China has not changed its behavior - behavior that puts the future of the US economy at risk".

Other reports by Click Lancashire

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