April 3 2018 The USTR releases an initial list of 1334 proposed products worth

April 3 2018 the ustr releases an initial list of

  • No School
  • AA 1
  • 24

This preview shows page 23 - 24 out of 24 pages.

April 3, 2018 : The USTR releases an initial list of 1,334 proposed products (worth US$50 billion) subject to a potential 25 percent tariff (list revised June 15). April 2, 2018: China imposes tariffs (ranging 15-25 percent) on 128 products (worth US$3 billion) including fruit, wine, seamless steel pipes, pork and recycled aluminium in retaliation to the US’ steel and aluminium tariffs. March 23, 2018: US imposes a 25 percent tariff on all steel imports (except from Argentina, Australia, Brazil, and South Korea) and a 10 percent tariff on all aluminium imports (except from Argentina and Australia). March 22, 2018: Trump signs a memorandum directing the following acts: To file a WTO case against China for their discriminatory licensing practices; To restrict investment in key technology sectors; and To impose tariffs on Chinese products (such as aerospace, information communication technology and machinery). February 7, 2018: The US implements ‘global safeguard tariffs’ – placing a 30 percent tariff on all solar panel imports, except for those from Canada, (worth US$8.5 billion) and a 20 percent tariff on washing machine imports (worth US$1.8 billion). November 8-10, 2017: Trump pays a “state visit plus” to China , where relations were considered to have warmed. August 18, 2017: The USTR initiates an investigation into certain acts, policies and practices of the Chinese government relating to technology transfer, intellectual property and innovation.
Image of page 23

Subscribe to view the full document.

May 22, 2017: US and China agree to a trade deal that would give US firms greater access to China’s agriculture, energy, and financial markets, while China gains access to sell cooked poultry to the US. April 28, 2017: The USTR is authorized to investigate whether steel/aluminium imports pose a threat to national security. April 6-7, 2017: Xi visits Trump’s Mar-a-Lago estate in Florida , where they agree to set up a 100 Day Action Plan to resolve trade differences. May 2, 2016: While campaigning for the Republican Party’s presidential nomination, Trump says “We can’t continue to allow China to rape our country and that’s what they’re doing. It’s the greatest theft in the history of the world.” The statement is one of many that Trump makes on the campaign trail about China’s trade practices.
Image of page 24
  • Fall '19

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern

Ask Expert Tutors You can ask 0 bonus questions You can ask 0 questions (0 expire soon) You can ask 0 questions (will expire )
Answers in as fast as 15 minutes