China slams U.S. for 'sudden flip-flops' in trade policy

Marsha Scott
June 2, 2018

Along with confronting China, the Trump administration is embroiled in talks over a new North American trade deal and is threatening to impose new global tariffs on imported automobiles.

Senate Minority Leader Chuck Schumer said Trump had the potential to do more to correct China's "unfair" trade policies than any president has had but he must be strong, tough and consistent.

That inquiry provided the justification for punitive tariffs on US$50 billion worth of annual imports from China, which Trump announced last month.

The US will impose a hefty 25 per cent tariff on the Dollars 50 billion worth of Chinese goods containing "industrially significant" technology, the White House said today, days after the two sides reached an agreement and vowed not to launch a trade war against each other.

The merry little trade war with China appears to be back on, as the White House announced tariffs on a broad range of imports.

Trump with Chinese President Xi Jinping previous year. The new investment restrictions and export controls - to be imposed on "industrially significant technology" - will be announced by June 30.

US Commerce Secretary Wilbur Ross, arrives in Beijing on June 2 for further trade talks, and the latest statement is seen as a pressure tactic.

China faces a hard decision over whether to follow through with a response to USA tariffs on $50 billion worth of imports.

Chinese state media reacted with dismay to the newest U-turn, though pledges to retaliate were muted.

More news: Amazon blocks Australian shoppers from global sites over tax
More news: RISDON: Expansion critics - Ottawa has chosen West Coast over East Coast
More news: US Plans to Shorten Length of Visas of Specific Chinese Citizens

A crackdown of Chinese investment into "industrially significant technology". China said the claims were unproven and sometimes speculative.

"The two parties can reach a deal by China increasing imports", he said on Wednesday in a Bloomberg Television interview from Beijing.

Chinese government documents revealing the trademarks were first publicised by Citizens for Responsibility and Ethics in Washington (CREW). It will also continue to pursue a World Trade Organization (WTO) dispute settlement against China originally initiated in March to address its discriminatory technology licensing requirements.

Citing a document issued by the Trump administration in December, the official said the US government would consider restrictions on visas for science and technology students from some countries.

"Trump is going on offense, reverting to his earlier instincts on China and re-empowering the trade hawks in his Cabinet", Eurasia Group said.

In mid-May, China had agreed to increase purchases of US agricultural and energy products and last week, the US Commerce Department told lawmakers it had struck a deal to put Chinese telecommunications firm ZTE back in business.

The document said officials would consider restrictions on visas for science and technology students from some countries to ensure "intellectual property is not transferred to our competitors".

USA has already requested China to remove all of its several trade barriers, including non-monetary trade barriers, which make it both hard and unfair to do business there, it said. President Trump subsequently said he was not satisfied with the negotiations, and that they had a "long way to go".

Other reports by MaliBehiribAe

Discuss This Article

FOLLOW OUR NEWSPAPER