US Plans to Shorten Length of Visas of Specific Chinese Citizens

Marsha Scott
May 31, 2018

President Donald Trump is moving ahead with steps to protect US intellectual property by punishing China with broad investment restrictions, litigation at the World Trade Organization and hefty tariffs on $50 billion worth of Chinese goods.

The tariff will apply to products "containing industrially significant technology".

The change would come as President Donald Trump's administration attempts to crack down on what it says is theft of U.S. intellectual property by China.

The White House statement said: "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".

Ahead of US Secretary of Commerce Wilbur Ross's arrival in China on Saturday for talks, Zarit said companies hope Beijing can be persuaded to "level the playing field" by easing curbs on foreign investment and business activity in its state-dominated economy.

The tariffs and investment restrictions, as well as a case brought by the United States against China before the World Trade Organisation, are the outcome of an investigation launched previous year into intellectual property practices in China.

Specifics of the new limits will be announced by June 30 and will take effect "shortly thereafter", the White House said.

U.S. Treasury Secretary Steven Mnuchin said yesterday that Ross is aiming to negotiate "a framework" that could then turn into "binding agreements. between companies", CNBC reported.

Meanwhile, Beijing said the sudden hardening of the United States position ahead of the 3rd rounds of talks will only damage United States credibility.

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Previous rounds of tariff cuts since November covered avocados, mineral water, baby carriages, and other high-value but low-volume imports.

Beijing's foreign ministry spokeswoman Hua Chunying said Wednesday the reports are not encouraging, South Korean news service Newsis reported.

Navarro added the U.S.is prepared for retaliation from China.

On Tuesday, American hog farmers sent out a plea calling on the administration to swiftly resolve disputes with China, saying that is costing producers billions of dollars in lost profits.

By June 15, Washington will release a list of some $50-billion worth of Chinese goods that will be subject to a 25% tariff, the White House said in a statement.

That deal was separate from the USA investigation into China's alleged theft of intellectual property.

But Chinese media had noted that the deal with the U.S. could see some Australian imports sidelined, including beef and wine, which had gained preferential access under Australia's Free Trade Agreement with China.

However, tariffs are a tax on United States consumers and a blunt tool to address "very complex problems that hamper trade and investment relationships", he said.

Other reports by MaliBehiribAe

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