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

N. Korea says it sent ultimatum to S. Korea over Mount Kumgang project

Mount Kumgang is a joint economic venture. North Korea sent an ultimatum to South Korea earlier this week that it will unilaterally remove the South-built facilities from its Mount Kumgang resort unless Seoul tears them down on its own, Pyongyang’s official news agency reported Friday. The North’s tough stance suggests little room for inter-Korean negotiations that South Korea has sought in an effort to keep the long-suspended tour project that was considered one of the most tangible symbols of inter-Korean reconciliation and cooperation. North Korean leader Kim Jong-un (Yonhap) “We sent an ultimatum on Nov. 11 that i


By The Korea Herald
November 15, 2019

Analysis, Diplomacy

Death of militant heads will stunt recruitment but not kill it

ISIS has a foothold in Southeast Asia. The deaths of Malaysian militant leaders Akel Zainal and Mohd Rafi Udin will reduce the intensity of recruitment for the Islamic State (IS) but not completely kill it, says a terrorism expert. Dr Ahmad El-Muhammady, a political science lecturer at the International Islamic University of Malaysia, said the recruitment of Malaysians into the terror group might continue undetected in some cases. “Their deaths will certainly have an impact among Malaysian IS fighters. While their deaths may reduce the intensity of recruitment, it will not completely kill it, ” he said. Commenting on the power vacuum among Malaysian IS fighters in Syria following the deaths of Akel and Mohd Rafi, Dr Ahmad said there was no longer a central Malaysian figure in Syria.


By The Star
November 15, 2019

Analysis, Diplomacy

China, India doing ‘absolutely nothing’ to clean up

Garbage they drop in sea floats into Los Angeles: Donald Trump. US President Donald Trump at the Economic Club of New York on Tuesday, has said countries like China, India and Russia are doing “absolutely nothing” to clean up their smokestacks and industrial plants and the garbage that they drop in sea floats into Los Angeles. Trump also claimed that he considers himself to be, “in many ways, an environmentalist, believe it or not”. US president said that climate change is a “very complex issue.” “So…I’m very much into climate. But I want the cleanest air on the planet and I want to have – I have to have clean air – water,” Mr Trump said in remarks at the Economic Club of New York. Trump while addressing the audience said that the US withdrew from the “one-sided, horrible, horrible, economically unfair, ”close your businesses down within three


By The Statesman
November 14, 2019

Analysis, Diplomacy

Terminating GSOMIA may send ‘wrong’ message to adversaries

Wartime OPCON transfer is contingent upon conditions being met, says top US military official stationed in Korea. By terminating its bilateral intelligence-sharing agreement with Japan, South Korea risks sending the wrong message — that the trilateral alliance of South Korea, the US and Japan is weak — Gen. Robert Abrams, commander of the US-ROK Combined Forces Command, said Tuesday. Marking his first year in office, Abrams, who also commands United States Forces Korea and the United Nations Command, spoke on a series of current issues, including the ongoing defense cost-sharing negotiations and the alliance, during a joint press interview.


By The Korea Herald
November 14, 2019

Analysis, Diplomacy

Trump again cites questionable numbers related to Korea trade deal

Trump has used the trade deal to bolster his credentials back home. US President Donald Trump again cited questionable numbers on Tuesday as he touted his administration’s renegotiated free trade agreement with South Korea. Trump told the Economic Club of New York that the revised FTA, which took effect early this year, doubled the number of American cars that can be sold in South Korea under US standards and extended American tariffs on Korean pickup trucks by another 20 years to 2041. He then took a swipe at the previous administration of Barack Obama, which negotiated the original agreement. “The deal from the previous admini


By The Korea Herald
November 13, 2019

Analysis, Diplomacy

Uncertainty persists on US – China trade deal

This despite Trump’s comments that US and China close to trade deal. US President Donald Trump said on Tuesday (Nov 12) that the United States and China are close to a trade deal, but made clear that the prospect of tariffs was still on the table, with a warning that the US would raise tariffs on China if no trade deal was reached. His speech at the Economic Club of New York was closely watched by Wall Street but offered no new details on any signing of a much-touted “Phase One” preliminary trade deal with China. China, said President Trump, was dying to make a deal with their “supply chains cracking very badly” almost two years into the trade war. “We’re the ones deciding whether or not we want t


By The Straits Times
November 13, 2019