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| Name | China imposes tariffs on 128 items of U.S. imports |
| Video Uploader | Video From Arirang News |
| Upload Date | This Video Uploaded At 02-04-2018 08:25:10 |
| Video Discription | 중국, 미국 수입품목 128개 맞불관세 As promised, China is imposing new tariffs on 128 kinds of products from the United States... in response to the Trump administration's own tariffs on China. Those products include meat, fruit and wine. Beijing says it doesn't want a trade war, but won't back down from one either. Kim Hyesung has the details. China has imposed new tariffs of up to 25 percent on U.S. imports,... in response to U.S. duties on imports of steel and aluminum. The Chinese finance ministry said in a statement Sunday that it is increasing the tariff rates on 128 kinds of U.S. products, including pork and fruits, with the new rates coming into effect on Monday. Beijing said the move was to "safeguard China's interests" and balance losses caused by new U.S. tariffs. It's expected to have an impact of around three billion U.S. dollars. Tariff rates on eight imported U.S. products, including pork and U.S. scrap aluminum will be subject to a 25 percent additional tariff - on top of existing duties. China is also imposing a new 15 percent tariff on 120 imported U.S. commodities, including fruits and nuts. The announcement comes after Beijing has made warnings for several weeks in an escalating trade dispute with the United States. "We have said many times that China does not want to fight a trade war. But we have also said if we are forced to enter into a trade war, China has the stamina and the confidence to protect its interests." The tariffs mirror T’s 25 percent charge on imported steel and 15 percent hike on aluminum announced in March. According to the U.S.-China Business Council, U.S. goods exported to China in 2016 totaled around 113 billion dollars, making China the United States' third largest export market. U.S. President Donald Trump has said Washington is planning to impose duties on about 50 billion dollars of Chinese goods,... intended to punish Beijing for U.S. allegations that China systematically misappropriated American intellectual property. U.S. Trade Representative Robert Lighthizer has until April 6 to release the tariff list. Kim Hyesung, Arirang News. Arirang News Facebook: http://www.facebook.com/arirangtvnews ------------------------------------------------------------ [Subscribe Arirang Official YouTube] ARIRANG TV: http://www.youtube.com/arirang ARIRANG RADIO: http://www.youtube.com/Music180Arirang ARIRANG NEWS: http://www.youtube.com/arirangnews ARIRANG K-POP: http://www.youtube.com/arirangworld ARIRANG ISSUE: http://www.youtube.com/arirangtoday ARIRANG CULTURE: http://www.youtube.com/arirangkorean ARIRANG FOOD & TRAVEL : http://www.youtube.com/ArirangFoodTravel ------------------------------------------------------------ [Visit Arirang TV Official Pages] Facebook: http://www.facebook.com/arirangtv Twitter: http://twitter.com/arirangworld Instagram: http://instagram.com/arirangworld Homepage: http://www.arirang.com ------------------------------------------------------------ [Arirang K-Pop] YouTube: http://www.youtube.com/arirangworld Facebook: http://www.facebook.com/arirangkpop Google+: http://plus.google.com/+arirangworld |
| Category | News & Politics |
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