What You Need To Know About President Donald J. Trump's Actions Responding To China's Unfair Trade Practices | Eastern NC Now

President Donald J. Trump's Administration is taking action to address China's unfair trade practices, including the forced transfer of United States technology and theft of U.S. intellectual property.

ENCNow
Press Release:

    WHAT: President Donald J. Trump's Administration is taking action to address China's unfair trade practices, including the forced transfer of United States technology and theft of U.S. intellectual property.

    The U.S. Trade Representative (USTR) announced an initial proposed list of Chinese goods imports that could be subject to additional tariffs. The initial list included approximately 1,300 tariff lines valued at an estimated $50 billion. In order to develop the initial proposed list, USTR worked with other agencies to identify products that unfairly benefit from China's industrial policies. Further, there was extensive interagency analysis to ensure these tariffs maximize pressure on China to change its behavior, while minimizing the impact on the U.S. economy.

    The initial proposed list will now undergo an extensive public comment period and public hearing. Once this process is complete, USTR will make a final determination on the proper response.

    Instead of addressing its misconduct, China has retaliated against American farmers and manufacturers. President Trump has therefore directed USTR to determine if an additional $100 billion worth of tariffs would be appropriate under section 301. Any additional tariffs would be subject to a similar review and public comment period as the initial list.

    President Trump has instructed the Secretary of Agriculture to use his broad authority to implement a plan to protect American farmers and agriculture.

    In addition to this week's tariff announcements, USTR has initiated a WTO dispute against China for its unfair practices, is examining potential restrictions on Chinese investment, and is working with allies also affected by China's unfair behavior to restore fairness to global trade.

    WHY: President Trump's trade actions are a response to years of unfair trade practices by China that have gone unaddressed.

    Year after year, China continues to distort global markets and harm U.S. businesses and consumers with unfair trade practices. For example, China's unfair industrial policies, like their "Made in China 2025" policy initiative, clearly state China's goal of taking away domestic and international market share from foreigners. Members of all political parties, the U.S. business community, and workers around the world are concerned about China's behavior.

    President Trump has made it clear that the United States can no longer tolerate such behavior and he is following through on his pledge to take action to ensure that China finally plays by the rules. While previous Administrations let China's actions go unanswered, President Trump is standing up for American workers to ensure that American businesses are treated fairly and lawfully.

    The President is for free trade, but it must also be fair trade. Addressing unfair trade practices and ensuring that global trade is free, fair, and reciprocal will have a significant positive long-term impact on the U.S. economy.

    The Administration's responsive actions follow an extensive investigation by USTR, which revealed how China's unfair policies and practices are harming American commerce. An interagency analysis concluded that these policies and practices cause at least tens of billions of dollars in damages to the United States every year.


Go Back


Leave a Guest Comment

Your Name or Alias
Your Email Address ( your email address will not be published )
Enter Your Comment ( text only please )




President Donald J. Trump Signs H.R. 3731, S. 2030, and S. 2040 into Law News Services, Government, State and Federal President Donald J. Trump's Leadership on the Economy is Making A Difference For All Americans


HbAD0

Latest State and Federal

“I’m from America, 250 years ago we were way bigger than 6/1 dogs, and look at us thriving now.” Justin Gaethje pulls off an all time sports upset.
Raleigh, N.C. — The State Board of Elections has received complaints from county boards of elections and citizens about a recent mailing from a group attempting to register voters in North Carolina.
"I plan to keep his counsel close until our paths cross again," JD Vance said on Thursday.
On Tuesday, Democratic Gov. Josh Stein signed an executive order creating the bipartisan Health Care Affordability Commission that he said will look at ways to make healthcare more affordable for North Carolinians.
"Margo’s Got Money Troubles" explores how financial desperation drives women to OnlyFans. That’s not empowering. It’s exploitative.
"He is fully fit to carry out all duties of the Commander-in-Chief and Head of State."
"We are leveraging counterterrorism tools and global partnerships to deter this threat before it metastasizes," an official shared.

HbAD1

Not giving our kids their own devices was one of the best parenting decisions my husband and I made.
How federal policies influenced family formation and the mid-20th century baby boom — and could do so again.
"Your faith will go quiet when you need it loud. Tend to your faith, not just when you’re broken, but when you’re whole."
A new poll data points to continuing trend among the next generation of the left.
Trump administration policies are bringing the country back from the brink of an uncontrolled influx of illegal immigrants.
Ozturk's detention became a flashpoint in President Trump's mass deportation campaign.

HbAD2

 
 
Back to Top