US tariffs on China are working, says US Secretary of Commerce
Tariffs are forcing China to pay attention to U.S. concerns, according to a copy of a speech to be given by U.S. Secretary of Commerce Wilbur Ross ...
Ross said the United States would have preferred not to implement tariffs against Chinese goods more than a year ago, but added that it has forced Beijing into action. The trade war has weighed on global growth and roiled financial markets.
"We do not love tariffs, in fact we would prefer not to use them, but after years of discussions and no action, tariffs are finally forcing China to pay attention to our concerns," Ross told a business function held by the American Chamber of Commerce in Australia.
Top U.S. and Chinese trade and economic officials will meet in Washington on Thursday and Friday to try to end the escalating dispute.
Without a significant breakthrough, Washington is set to hike the tariff rate on US$250 billion worth of Chinese goods to 30per cent from 25per cent next Tuesday.
Ross said the most difficult problem to solve in trade negotiations with China was making sure that the terms of an agreement would be adhered to.
"Given the magnitude and the complexity of the changes we need, enforcement becomes an extremely critical component of any agreement that we make."Read more: CNA
Yes, thanks for declaring to the world '此地无银三百两“
US tariffs on China are working, US Secretary of Commerce saysTariffs are forcing China to pay attention to U.S. concerns, according to a copy of a speech to be given by U.S. Secretary of Commerce Wilbur Ross ... yes for sure, but may not the positive way they want...
China plans to restrict visas for U.S. visitors with 'anti-China' linksChina is planning tighter visa restrictions for U.S. nationals with ties to anti-China groups, people with knowledge of the proposed curbs said, following similar U.S. restrictions on Chinese nationals, as relations between the countries sour. China's Ministry of Public Security has for months been That the tit for that. USA should learn, they are no more the best. The whole country is in a mess.7
China plans to restrict visas for US visitors with 'anti-China' linksSINGAPORE: China is planning tighter visa restrictions for US nationals with ties to anti-China groups, people with knowledge of the proposed ...
US indexes tumble as visa restrictions fuel US-China trade worriesNEW YORK (REUTERS) - US stocks ended down sharply and near the day's lows on Tuesday (Oct 8) as news that the United States has imposed visa restrictions on Chinese officials overshadowed comments by Federal Reserve Chairman Jerome Powell suggesting openness to further interest rate cuts.. Read more at straitstimes.com.
US stock futures tumble on report of no progress in US-China trade talksTOKYO (REUTERS) - US stock futures tumbled and the safe haven yen and the Swiss franc gained in early Asian trade on Thursday (Oct 10) after a media report that the United States and China had made no progress in deputy-level trade talks earlier in the week.. Read more at straitstimes.com.
US Secretary of State Mike Pompeo says China's treatment of Muslims 'enormous human right violation'WASHINGTON (REUTERS) - US Secretary of State Mike Pompeo said in a television interview on Wednesday (Oct 9) that China's treatment of Muslims, including the Uighurs, in western China was an 'enormous human rights violation' and Washington will continue to raise the issue.. Read more at straitstimes.com. AFP AP guardian bbcworldservice If Pompeo were to visit Xinjiang he will be ashamed that the standard of living is much better than the American native Red Indians.