Posted on 04/04/2018 8:50:49 AM PDT by TigerLikesRooster
US publishes list of 1,300 Chinese goods worth US$50b to be targeted by tariffs
PUBLISHED APR 4, 2018, 7:36 AM SGT UPDATED 10 HOURS AGO
WASHINGTON (AFP, REUTERS, WASHINGTON POST) - US officials have published a list of US$50 billion (S$65.6 billion) in Chinese imports set to be targeted by US tariffs, the latest move in President Donald Trump's simmering trade confrontation with Beijing.
The move came a day after Beijing imposed duties on about US$3 billion in US exports such as pork, wine and fruit, a countermeasure to US metal tariffs that was widely seen as a warning Chinese officials will not hesitate to retaliate quickly.
The list - which includes electronics, aircraft parts, satellites, medicine, machinery and other goods - has yet to be finalised and is intended as a response to China's alleged theft of American companies' intellectual property and technology. The administration will hold a public hearing for US businesses on May 15. Even after that, it is not clear when the tariffs would be applied, reported CNN.
"The proposed list of products is based on extensive inter-agency economic analysis and would target products that benefit from China's industrial plans while minimising the impact on the US economy," the office of US Trade Representative (USTR) Robert Lighthizer said in a statement.
The US tariff unveiling drew an immediate condemnation from Beijing, along with a threat of retaliatory action.
China’s Ministry of Commerce said it would soon take measures of equal intensity and scale against US goods.
(Excerpt) Read more at straitstimes.com ...
P!
iPhones will be made in Toledo soon!
I’ll see your $3 billion and raise you $65 billion.
I want to know every China made product. I will make every effort to never buy another item from there, including this iPad. When it eventually dies, the replacement will be made in America. It will be more expensive but my kids and grandkids are worth it. It will be difficult at first but it will be the best thing for all of us.
There’s some things that are “assembled” here.
Why is there such a HUGHE difference between our exports and their imports? Bush’s fault? The old one for doing it and the young one for not fixing it. And of course, Clinton’s fault for selling themselves along with all of our military secrets.
If you look at the list there are no name brand products there. It is all components or ingredients used to make things. There is no way you can avoid them.
I just got a really nice Milwaukee cordless 1/4” drive power ratchet. Made Professionally in China! I’m not sending it back...until I at least get some use out of it.
China needs us, more that we need them. Their matching tariffs is a bluff. They cannot go very long without our soybeans and we sure a hell can do with out there crap for a long time. Their industries would collapse with out our imports, and there people would not be very happy without jobs.
Keep them all. We’ll do just fine. Y’all might get hungry though...
I assume the US government collects the tariff revenue and it goes into the general fund. Since Trump is generating the revenue, why not use it to build the wall?
These listings will help the 3D printing market:
84802000 ........... Mold bases
84803000 ........... Molding patterns
84804100 ........... Molds for metal or metal carbides, injection or compression types
84804900 ........... Molds for metal or metal carbides other than injection or compression types
84805000 ........... Molds for glass
84806000 ........... Molds for mineral materials
84807110 ........... Molds for rubber or plastics, injection or compression types, for shoe machinery
84807140 ........... Injection or compression type molds for rubber or plastics for the manufacture of semiconductor devices
84807180 ........... Molds for rubber or plastics, injection or compression types, other than for shoe
machinery or for manufacture of semiconductor devices
Impressive...some of those items are only available from Chinese sources. This will be interesting.
Sorry. It can be done. We have become lazy.
iPhones will be made in Toledo soon!
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Actually Apple is building a iPhone plant near the gigantic Foxconn complex in Racine Wisconsin ...
The list - scroll down to page 14
https://ustr.gov/sites/default/files/files/Press/Releases/301FRN.pdf
I bet some guys in America can make your drill much better. It will be a little costlier but better. And Americans are building it, not slaves.
Cost difference to produce iPads etc. in the USA is minuscule. There isn't that much labor in each iPad. Less than 1% of retail. You'd probably not even notice the difference in price.
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