:::::::::: 글로벌번역통역센터 ::::::::::
 
 



 
 
> 고객지원센터 > News & Notice
ADMIN 2018. 12. 19.  
LIST  MODIFY  DELETE  WRITE  REPLY 
   제목: Businesses beg for tariff relief as trade war with China rolls on


Businesses beg for tariff relief as trade war with China rolls on


By David J. Lynch

August 20,2018

The Trump administration is moving forward this week with plans to impose tariffs on a wider array of Chinese imports even as it explores the possibility of a negotiated resolution of its deepening trade conflict with China.

The U.S. Trade Representative’s office Monday began an extraordinary six days of public hearings on President Trump’s plans to tax an additional $200 billion in Chinese products. The latest tariff proposals, along with earlier levies on $50 billion in Chinese imports, would mean that by next month roughly half of everything American businesses import from China would confront special taxes.

Trump says the tariffs are a response to unfair Chinese trade practices, including forcing American companies to surrender their trade secrets to obtain access to the Chinese market and cyber theft of U.S. technology. Members of both parties and many industry groups agree that China is guilty of such violations. As the economic impact of the confrontation with China mounts, opponents are becoming more vocal in their opposition to the president’s chosen tariff remedy.


In the game of Trade Wars, perhaps the winning move is not to play. (Daron Taylor, Jhaan Elker/The Washington Post)

The planned escalation “dramatically expands the harm to American consumers, workers, businesses, and the economy,” the U.S. Chamber of Commerce said in its prepared testimony.

At the USTR hearings, sporting goods manufacturers, candle makers, footwear companies, semiconductor producers and others will plead to be excluded from the next tariffs. More than 1,300 comments already have been filed in response to the president’s proposed action, most opposing the plan.




A paint brush maker in Newark warned the tariffs could make the hog bristles it buys from China too expensive, forcing it to cancel more than two dozen government contracts.

“If this tariff is enacted, the impact on my small company and its 20 employees will be devastating,” wrote Arthur Edelson, president of Spectrum Paint Applicator. “I would be put out of business immediately without question.

On Wednesday, U.S. and Chinese officials are scheduled to meet for the first time in two months to discuss potential solutions to the commercial standoff. The U.S. delegation is led by David Malpass, undersecretary of the treasury for international affairs, while China’s team is headed by Wang Shouwen, vice minister of commerce.

There is little expectation the meetings will produce a breakthrough. Neither official has full authority to make a deal, and earlier rounds of talks led by more senior officials made little progress.




In March, Malpass was forced to backpedal after telling a conference of bankers in Buenos Aires he had “discontinued” an official economic dialogue with Beijing. After the Treasury Department publicly contradicted him, he said he had “misspoke.”

While some Chinese officials have expressed concern about their slowing economy and many Republicans in Congress are worried the trade war could cost them votes in November, neither country appears prepared to back down.

So far, the United States has imposed tariffs on $34 billion in Chinese products; levies on a further $16 billion in products are scheduled to take effect on Thursday. China has retaliated against an equivalent amount of U.S. goods.

Selected articles from The Washington Post.
LIST  MODIFY  DELETE  WRITE  REPLY 





전체글 목록 2018. 12. 19.  전체글: 707  방문수: 2192448
 공지  정규직,계약직,프리랜서직 모집 
707   Oil Sinks to One-Year Low as Equity Slump Adds to Supply Fears 
706   Central bank joins wage worries
705   Convertible laptops attracting consumer interest in Korea
704   OPEC Agrees to Larger-Than-Expected Output Cut With Allies, Delegates Say
703   The Biggest Political Risks to the World Economy in 2019
702   Stocks Decline Before G-20; Treasuries Edge Higher: Markets Wrap
701   What Oil at $50 a Barrel Means for the World Economy
700   Lion Air Crash Report Due Next Week, Boeing 737 Max in Focus
699   Goldman Says It's Time for Equity Investors to Boost Their Cash
698   Citigroup Sees U.S. Dollar Topping Out in 2019
697   Asia Stocks Drop as Oil Seeks Floor; Pound Rises: Markets Wrap
696   These Products Show How Hard It뭠l Be to Beat China in Trade War
695   LG Chem hires 3M vice chair as new head
694   JP Morgan, Citibank under probe over alleged forex rigging
693   Samsung’s Q3 profit up 20.9%
692   Johnson Controls seeks more building management deals
691   Google taxes in focus as audit raises issues
690   PewDiePie is YouTube뭩 most-subscribed channel. He뭩 about to be dethroned.
689   Amazon met with ICE officials over facial-recognition system that could identify immigrants
688   Inflation Creep Is Real, Morgan Stanley Says
687   Tencent Faces New Rivals Just as It Starts to Get Anti-Social 
686   Paul Allen, Billionaire Who Co-Founded Microsoft, Dies at 65 
685   World’s Largest Car Market Faces Historic Drop 
684   Nordhaus, Romer Win 2018 Nobel Prize in Economic Sciences 
683   Hong Kong's Economy Gets Stuck Between U.S.-China Trade War 
682   Indonesia's Weak Currency a Source of Strength, World Bank Says 
681   Jack Ma Cedes Alibaba Licenses. Investors Won’t Get Control 
680   After Settling With SEC, Musk Tries to Answer Other Question 
679   Hacker to Live-Stream Attack on Zuckerberg뭩 Facebook Page 
678   iPhone XS Buyers Undeterred by Eye-Watering Prices, Few Upgrades 
RELOAD VIEW DEL WRITE
1 [2] [3] [4] [5] [6] [7] [8] [9] [10] [11] [12] [13] [14] [15] [16] [17] [18] [19] [20] 24