Published: Tue, May 29, 2018
Global | By Shelia Dennis

United States to Impose 25% Tariff on Tech Goods From China - White House

According to the White House, to protect its national security, the USA will implement specific investment restrictions and enhanced export controls for Chinese persons and entities related to the acquisition of industrially significant technology.

Earlier this month, the U.S. Department of Defense banned all smartphones and mobile modems from Chinese manufacturers ZTE and Huawei on all U.S. military bases worldwide. The full list of imports that will be covered will be announced by June 15. Those requests in particular have provoked a backlash from China, which has threatened its own potential set of tariffs on $50 billion in American goods.

US Commerce Secretary Wilbur Ross will visit China from June 2-4, the official Xinhua news agency reported on Friday, without giving further details.

With the announcement, which follows the trade representative office's targeting of US$50 billion worth of annual imports from China with a 25 per cent punitive tariff, Trump continues to ratchet up pressure on Beijing even as the two governments conduct high-level negotiations to avert a trade war.

Florida woman escapes abusive boyfriend by slipping a note to vet's staff
At the victim's home, deputies found two bullet holes in a hallway, which passed through drywall and into another room. While at DeLand Animal Hospital, she is believed to have slipped a note to a staff member asking for help.

The White House said China had "pursued industrial policies and unfair trade practices including dumping, discriminatory non-tariff barriers, forced technology transfer, over capacity, and industrial subsidies that champion Chinese firms and make it impossible for many United States firms to compete on a level playing field".

Critics had accused the administration of going soft on China after Treasury Secretary Steven Mnuchin said tariffs were on hold while the two sides continue trade talks.

"Discussions with China will continue on these topics, and the United States looks forward to resolving long-standing structural issues and expanding our exports by eliminating China's severe import restrictions".

In this November 9, 2017 file photo, President Donald Trump and Chinese President Xi Jinping shake hands during a joint statement to members of the media Great Hall of the People in Beijing, China.

Diplomatic duels: what now for the Trump-Kim summit?
Kim Jong-un reaffirmed his commitment to "complete" denuclearisation of the Korean peninsula and to a planned meeting with U.S. The apparent progress in the on-again-off-again talks followed a tense and turbulent few days of diplomatic brinkmanship.

The new tariffs will cover goods related to the "Made in China 2025" program the administration claims "harm companies in the United States and around the world".

China later retaliated by levying tariffs against USA exports.

Trump has bemoaned the massive United States trade deficit with China as evidence that Beijing has been complicit in abusive trading practices.

LeBron makes it 8 straight after superstar showing in Game 7
They will play Golden State Warriors or Houston Rockets , who meet in a game seven decider on Monday. James has reached the NBA Finals in eight straight seasons, including four in a row with Cleveland.

Like this: