04 de julio de 2020
ÚLTIMAS NOTICIAS:
English - News

US to delay imposing tariffs on some products from China

 US President Donald Trump (C-L, first row) greets Chinese President Xi Jinping (C-R) on June 28, 2019, during the group photo of leaders attending the G20 Summit in Osaka, Japan. EPA-EFE FILE/Lukas Coch

US President Donald Trump (C-L, first row) greets Chinese President Xi Jinping (C-R) on June 28, 2019, during the group photo of leaders attending the G20 Summit in Osaka, Japan. EPA-EFE FILE/Lukas Coch

Washington, Aug 13 (efe-epa).- The US government said Tuesday it would hold off on imposing 10 percent tariffs on certain products imported from China until December.

"It was determined that the tariff should be delayed to December 15 for certain articles," the United States Trade Representative (USTR) said in a statement.

The tariffs were originally scheduled to take effect on Sept. 1.

The USTR also said that some products would no longer be subjected to tariffs.

"Certain products are being removed from the tariff list based on health, safety, national security and other factors and will not face additional tariffs of 10 percent," the USTR said.

Some products, however, will still be subject to the higher tariffs starting on Sept. 1, but the USTR did not identify them.

The USTR posted lists on its website on Tuesday of products subject to tariffs effective Sept. 1 and Dec. 15.

The USTR said it "will publish in the Federal Register as soon as possible additional details and lists of the tariff lines affected by this announcement."

In late July, a team led by US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin negotiated in Shanghai with a high-level Chinese delegation headed by Vice Premier Liu He.

On Aug. 1, President Donald Trump announced a new set of tariffs on goods from China effective Sept. 1 after the latest round of trade talks with the Asian nation failed to yield a deal.

"Our representatives have just returned from China where they had constructive talks having to do with a future Trade Deal. We thought we had a deal with China three months ago, but sadly, China decided to re-negotiate the deal prior to signing," Trump said on Twitter.

On Aug. 6, China responded to Trump's tariff announcement, saying that state-owned companies had halted purchases of agricultural goods from the United States.

The Commerce Ministry said in a statement that Washington's decision to slap additional tariffs on Chinese products effective Sept. 1 was a "grave violation" of agreements reached by Trump and his Chinese counterpart, Xi Jinping, at their June 29 meeting on the sidelines of the G20 summit in Osaka, Japan.

The ministry said it would not rule out tariffs on newly purchased agricultural goods after Aug. 3.

The world's two largest economic powers have been engaged in a trade war for more than 18 months, leveling allegations at each other and slapping tariffs on imports.

In May, Trump increased from 10 percent to 25 percent a tariff on Chinese imports worth $200 billion. China retaliated by slapping tariffs on US imports worth $60 billion.

Trump later threatened to impose tariffs of up to 25 percent on another $325 billion of Chinese imports, causing concern in financial markets and the business community due to the possible effect on consumer spending, which accounts for about two-thirds of US economic activity.

In Osaka, Trump and Xi agreed to a truce in the trade war, which is rooted in Washington's unhappiness over China's massive trade surpluses with the United States.

In 2018, the United States posted a trade deficit of $419 billion with China due, largely, to the fact that US exports to Asia's largest economy totaled just $120 billion, while American imports from China reached $540 billion.

During the first five months of 2019, the US trade deficit with China was $137 billion.

In recent days, Trump has expressed unhappiness with the Chinese government's decision to devalue the yuan, pushing the currency's exchange rate against the dollar to a key level not seen since 2008. EFE

asl/hv

 600x350

Comentarios

Histórico de noticias
Daily COVID-19 pandemic roundup: July 2

Miami Desk, Jul 2 (efe-epa).- Here's a roundup of stories around the world related to the novel coronavirus pandemic:

US puts brakes on economic reopening as daily infection tally hits new high

By Jairo Mejia

Plastic curtain allows relatives to hug quarantined elderly in Sao Paulo

By Carla Samon Ros

Three snapshots of Venezuela's ongoing crisis

By Ron Gonzalez

Daily COVID-19 pandemic roundup: July 1

Miami Desk, Jul 1 (efe-epa).- Here's a roundup of stories around the world related to the novel coronavirus pandemic:

US buys up almost all Remdesivir to treat COVID-19

Washington, Jul 1 (efe-epa).- The United States, the world epicenter for the coronavirus with more than 2.6 million cases and a death toll of 127,000, has...

Weinstein victims to receive $19 mn in settlement

New York, Jul 1 (efe-epa).- Dozens of women who were sexually abused and harassed while they were working for now-convicted US film producer Harvey...

Daily COVID-19 pandemic roundup: June 30

Miami Desk, Jun 30 (efe-epa).- Here's a roundup of stories around the world related to the novel coronavirus pandemic:

US considering another stimulus package amid huge pandemic challenge

By Alfonso Fernandez

Fauci: US could quickly jump from 40K to 100K daily Covid-19 cases

Washington, Jun 30 (efe-epa).- The top US government epidemiologist, Dr. Anthony Fauci, on Tuesday warned that the number of newly detected daily...

Ex-Pemex chief arrested in Spain agrees to be extradited to Mexico

Mexico City, Jun 30 (efe-epa).- Mexican Attorney General Alejandro Gertz Manero reported Tuesday that the former director of Mexico's state-run oil company...

Black Lives Matter protesters set up camp in New York

By Jorge Fuentelsaz

More than 100 arrested for vandalizing statues amid US protests

Washington, Jun 29 (efe-epa).- More than 100 people have been arrested for vandalizing statues and monuments amid the protests against racism and police...

Supreme Court overturns Louisiana law restricting abortion

Washington, Jun 29 (efe-epa).- The US Supreme Court on Monday overturned a law that would have severely restricted access to abortion in Louisiana, dealing...

Daily COVID-19 pandemic roundup: June 28

Miami Desk, Jun 28 (efe-epa).- Here's a roundup of stories around the world related to the novel coronavirus pandemic:

LGTB+ groups cancel marches due to pandemic, but not demands for equality

International Desk, Jun 28 (efe-epa). - The coronavirus pandemic forced the worldwide LGTB+ community to cancel in-person marches and Gay Pride parties on...

No new Florida COVID-19 record set, but Miami infections keep rising

Miami, Jun 28 (efe-epa).- After two consecutive days of setting new records for newly detected coronavirus infections, the daily number of cases confirmed...

Daily COVID-19 pandemic roundup: June 25

Miami Desk, Jun 25 (efe-epa).- Here's a roundup of stories around the world related to the novel coronavirus pandemic:

Worst Sahara dust cloud in 50 yrs endangering Caribbean air quality

San Juan/Havana, Jun 25 (efe-epa).- A good part of the Caribbean, from Cuba to Mexico, including Puerto Rico and the Lesser Antilles, this week is suffering...

Supreme Court limits legal rights of undocumented migrants requesting asylum

Washington, Jun 25 (efe-epa).- The US Supreme Court on Thursday ruled that immigrants whose asylum requests were rejected when they entered the country...

Daily COVID-19 pandemic roundup: June 24

Miami Desk, Jun 24 (efe-epa).- Here's a roundup of stories around the world related to the novel coronavirus pandemic:

Coronavirus spreading non-stop through US South, West, breaking daily records

Washington, Jun 24 (efe-epa).- The coronavirus is spreading non-stop through the US South and West as states there - including Florida, Texas, California...

Diageo allots $100 mn to help rebuild world's bars

Miami, Jun 24 (efe-epa).- Diageo - the maker of Smirnoff vodka, Johnny Walker Scotch whisky and Bailey's, the world's best-selling liqueur - will allocate...

US backs Israel's West Bank annexation plan despite Middle East concerns

Washington, Jun 24 (efe-epa).- Secretary of State Mike Pompeo on Wednesday reiterated his support for Israel's plan to annex part of the West Bank despite...