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Us fourth round of China tariff sanctions hearing ended, the opposition: to the us industry nail coffin lid
Source: | Author:staple | Published time: 869 days ago | 583 Views | Share:
On June 25, local time, the office of the United States trade representative concluded a hearing on the fourth round of tariff sanctions against Chinese imports worth about $300 billion. Most participants expressed their opposition.
On June 25, local time, the office of the United States trade representative concluded a hearing on the fourth round of tariff sanctions against Chinese imports worth about $300 billion. Most participants expressed their opposition.
According to the kyodo news agency of Japan, 25, since the hearing began on 17, a total of 300 representatives from all walks of life attended, most of the participants oppose the imposition of tariffs, and asked to exclude their products from the target of tariffs. For example, the American subsidiary of Japan's daikin industries emphasized its great contribution to the United States, saying that it "has invested $500 million in the factory in Texas so far", so it asked to exclude air conditioning components from the target of the tariff. The U.S. unit of Japan's SONY corp., meanwhile, said it would not impose tariffs on products made by companies including nintendo Co. of Japan and Microsoft corp. of the U.S. SONY pointed out that nearly all of the game consoles imported to the U.S. last year came from China, so if it imposed tariffs on the game consoles, SONY would be greatly affected.
According to the south China morning post of Singapore reported 26, representatives attending the hearing said that trump's actions in imposing tariffs have reduced jobs in the us, raised prices and increased the burden on consumers. For example, Aaron padilla, a representative of the American petroleum institute (API), stressed that trump's action of imposing tariffs has led the United States to deviate from the path of multilateral free trade and pursue trade protectionism. And the American Association of import and export commodities (Travel Goods Association director nate Herman is pointed out that imposing tariffs will not pay by China, but the United States, Herman stressed that government action trump sanctions to destroy "vibrant American industry", make "tens of thousands of americans lost their jobs," the fourth round of tariffs hearing was "to have lie in the coffin nail in the coffin" of American industry.
The office of the United States trade representative will take the comments made at the hearing and analyze them in detail until July 2, kyodo news reported. A fourth round of sanctions could follow, imposing duties on more than 3,800 goods, including smartphones, flat-screen televisions and clothing. If the fourth round of sanctions were lifted, the us would impose tariffs on almost all Chinese imports, adding to the $250bn in tariffs already imposed by the us.
According to surging news previously reported, China's foreign ministry said that the Chinese side noticed this hearing, the hearing held in at the same time, the United States opposed tariffs of the wave height. It was not long ago, in fact even the White House national economic council director library DE los also publicly acknowledged that the United States new imposing tariffs will let us pay your own enterprise and the consumer. In addition, according to a recent report released by Goldman sachs, the cost of the us government's tax on Chinese goods was fully passed on to us businesses and consumers last year, and the impact on us prices was greater than the us side expected. China would like to say is that for a long time, mutually beneficial and win-win economic and trade investment cooperation for the two countries has brought great benefits of the industry and consumers, historical practice has repeatedly proved that sino-us economic and trade between the two countries also differences can be resolved through consultation, as long as such dialogue and consultations is built on the basis of mutual respect, equality and mutual benefit. China must stress again that any deviation from this principle will lead nowhere.