See More on Facebook

Analysis, Diplomacy

China reveals US tariffs plan

China unveiled plans to impose tariffs on up to $3 billion worth of products from the US to make up for losses from US tariffs on steel and aluminum products.


Written by

Updated: March 26, 2018

China’s Ministry of Commerce unveiled plans Friday to impose tariffs on up to $3 billion worth of products from the United States to make up for losses caused by US tariffs on Chinese steel and aluminum products.

The list tentatively contains seven categories and 128 products.

The first part covers a total of 120 taxes, involving $977 million in US exports to China, including fresh fruit, dried fruit, nut products, wine, modified ethanol, American ginseng and seamless steel pipes, and is expected to impose a 15 percent tariff.

The second part covers a total of eight taxes covering $1.99 billion of US exports to China, including pork and pork products and recycled aluminum. For these items, a 25 percent tariff is proposed.

The ministry said the imposition of tariffs by the United States, with taxes of 25 percent and 10 percent on imported steel and aluminum products on “national security” grounds actually constitutes a safeguard measure. According to the relevant provisions of the WTO Agreement on Safeguard Measures, China has formulated a list of suspension of concessions.

If China and the United States fail to reach a trade compensation agreement within the stipulated time, China will exercise the right to suspend concessions for the first list of products; China will implement the second list after further evaluating the impact of US measures on China.

The ministry said China firmly opposes the unilateralism and trade protectionism carried out by the United States, as it disregards China’s efforts to strengthen the protection of intellectual property rights and ignores the rules of the World Trade Organization.

With regard to the 301 investigation, the ministry said China has clearly stated its position on multiple occasions: China doesn’t want to fight a trade war, but it is absolutely not afraid of one.

“We are confident and capable of meeting any challenge. It is hoped the US will be able to make a swift decision and not drag bilateral economic and trade relations into danger,” the ministry said in a statement on its website.

The move by the United States is not conducive to Chinese interests, US interests or global interests, the ministry said in a statement.

“It has set a very negative precedent. China will not sit idly by its own legitimate rights and interests under any circumstance. We are fully prepared to defend our legitimate interests,” the ministry said.

(This article appeared originally in the China Daily)



Enjoyed this story? Share it.


China Daily
About the Author: China Daily covers domestic and world news through nine print editions and digital media worldwide.

Eastern Briefings

All you need to know about Asia


Our Eastern Briefings Newsletter presents curated stories from 22 Asian newspapers from South, Southeast and Northeast Asia.

Sign up and stay updated with the latest news.



By providing us with your email address, you agree to our Privacy Policy and Terms of Service.

View Today's Newsletter Here

Analysis, Diplomacy

Can Pakistan play a role in Iran-US tensions

An editorial in Dawn newspaper looks at the role that Pakistan might play in the ongoing tensions. Tensions between the US and Iran, particularly in the Gulf, are rising and the situation has sent alarm bells ringing throughout the region. It is in this context that Foreign Minister Shah Mehmood Qureshi said on Tuesday that Pakistan was “closely following the situation” and would take a stand “that best served the national interest”. Pakistan is, of course, in a sensitive position as it has decades-old, deep relations with the US, while it shares a long border with Iran. Moreover, this country’s ties with the Gulf Arabs — particularly the Saudis — who are firmly in the American camp, are also cordial and have a strategic and defence dimension. In case of any hostilities


By Dawn
May 17, 2019

Analysis, Diplomacy

China vows action as US moves to blacklist Huawei

Hopes of a trade deal recede as experts fear American companies could face a backlash. China has slammed the United States for putting technology giant Huawei on an export blacklist and said it will take “all necessary measures” to protect the legal rights of Chinese firms. The latest twist in the face-off between the US and China not only suggests that hopes of a trade deal are fast evaporating, but it could also delay the roll-out of 5G networks worldwide. US technology firms could also face a backlash, experts said. China’s Ministry of Commerce said yesterday that it resolutely opposed any coun


By The Straits Times
May 17, 2019

Analysis, Diplomacy

Beijing stresses equality in trade talks with Washington

World market confidence dampened by escalation, Chinese state media says. Consultations between China and the United States are not a one-way street, and should be conducted amid a spirit of equality, State Councilor and Foreign Minister Wang Yi said on Monday in Russia. Wang said that it is pointless for one side to blame the other, or even to absolve themselves from responsibility. Wang stressed if one side is trying to place extreme pressure on the other, it will cause a legitimate counterattack. “The measures from us are not only to safeguard China’s own rights, but to protect the basic rules of the current multilateral trading mechanism,” Wang said. Wang made the remark in a joint news conference with his Russian counterpart Sergei Lavrov during his visit to the Black Sea coastal city of Sochi. Experts warned that the rising US tariffs on Ch


By China Daily
May 16, 2019

Analysis, Diplomacy

Beijing vows retaliation on US trade

Ministry expresses ‘deep regrets’ in wake of added tariffs on Chinese goods. The Ministry of Commerce expressed “deep regrets” on Friday at the United States’ move to impose additional tariffs on Chinese imports and vowed to take necessary countermeasures. The comments came shortly after the US increased the rate of additional duties on $200 billion worth of Chinese imports from 10 percent to 25 percent, a move that economists said amounts to “typical trade bullying” that will backfire to hurt its own interests. The commerce ministry said in a statement that the 11th round of China-US high-level economic and trade consultations are underway, and China hopes the two sides can work together to resolve existing issues cooperatively. Foreign Ministry spokesman Geng Shuang said at a daily news briefing that a healthy and stable Sino-US relationship serves the


By China Daily
May 13, 2019

Analysis, Diplomacy

India’s political parties and their foreign policy platform

Where do India’s major political parties stand on foreign policy issues in Elections 2019. Foreign policy debates have historically been foreign to Indian election campaigns. But photo-ops with international leaders are always welcome because they help burnish the credentials of politicians with the domestic audience. Images of India’s first Prime Minister Jawahar Lal Nehru rubbing shoulders with Presidents Sukarno and Nasser of Indonesia and Egypt, respectively, at the Asia-Africa Bandung Conference in 1955 certainly did his image as a world statesman no harm. The television broadcast of his daughter, Prime Minister Indira Gandhi, being enveloped in a surprise bear hug by ‘elder brother’ Fidel Castro at the 1983 Non-Aligned Movement Conference in New Delhi, was widely thought to have humanised the otherwise aloof Mrs G for millions in India. In more recent times, Rajiv Gandhi’s


By Ishan Joshi
May 13, 2019

Analysis, Diplomacy

North Korea launches two projectiles, assumed to be short-range missiles

The tests comes amid increased tensions with the United States. North Korea fired two projectiles that appeared to be short-range missiles on Thursday, less than a week after it conducted what it claimed was a “regular military drill.” Seoul’s Joint Chiefs of Staff said launches of what appeared to be short-range missiles took place at 4:29 p.m. and 4:49 p.m. in Kusong, North Pyongan Province. It had initially said they were launched at Sino-ri, some 40 kilometers below Kusong in the same province. Both of the projectiles traveled east at the altitude of 50 kilometers and landed in the East Sea. They flew 420 kilometers and 270 kilometers re


By The Korea Herald
May 10, 2019