Published: Thu, May 31, 2018
Worldwide | By Gretchen Simon

White House to Impose Tariffs on $50 Billion of Chinese Goods

White House to Impose Tariffs on $50 Billion of Chinese Goods

He's also made a habit of threatening unilateral action to try to gain leverage in trade disputes.

The United States and China subsequently conducted two rounds of trade talks aimed at avoiding a full-blown trade war.

"Does the United States want to reignite the trade war with China?"

The latest talks focus on U.S. claims of intellectual property theft by China.

The move has infuriated China, which on Wednesday lashed out and threatened to fight back if Washington is looking for a trade war, days ahead of a planned visit by US Commerce Secretary Wilbur Ross to Beijing.

Warner added that Trump should not use the situation with ZTE as a bargaining chip to negotiate trade with the Chinese government.

There is room to increase exports to China by selling more agricultural commodities and energy products and China has agreed in principle to import more, but the two sides do not have a firm agreement.

"This is a trade dispute that we are having with China", Navarro said to Maria Bartiromo on "Mornings with Maria".

Martin, at the fresh fruit trade group, said the worry is that fruit scheduled to be shipped soon - peaches, plums, nectarine and apricots - will suffer the same fate as the oranges that had to be sold at a discount because of the tariffs and inspection slowdown.

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The mixed messages also weaken the United States position by reducing opportunities for cooperation, Levy said.

The deal to reduce China's trade surplus with the US was separate from the USA probe into China's alleged theft of intellectual property. This was a "win-win" because it would reduce the trade deficit while providing high-quality products that Chinese consumers need, he said.

There are a few tactical reasons the Trump administration may have decided on Tuesday to go ahead with tariffs and investment restrictions.

U.S. Commerce Secretary Wilbur Ross is set to go to Beijing this week to negotiate on how China might buy more American goods to reduce the huge U.S. trade deficit with Beijing, which a year ago totaled $375 billion.

"[But] rather than pursuing a serious strategy to tackle specific problems, the Trump administration has embraced an undisciplined instinct for confrontation". "Now President Trump can claim that whatever is achieved is the result of this dialed-up pressure". The State Department said that under the new policy, US consular officers may limit how long visas are valid, rather than the usual practice of issuing them for the maximum possible length.

That plan was met with fierce bipartisan resistance over the weekend.

"China is confident, capable and experienced to defend Chinese people's interests and national core interests, regardless of whatever measures the U.S. side could take", the ministry said.

How the global economy reacts remains to be seen, but analysts say the US move bound to erode the sense of good will that was gradually rising between Washington and Beijing.

"Our priorities depend on what day it is, which is not a good way to conduct a negotiation", he said.

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