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Author Topic: Trump To Impose Tariffs Against Chinese Imports  (Read 634 times)

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Offline punch

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Trump To Impose Tariffs Against Chinese Imports
« on: March 23, 2018, 06:01:28 AM »
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U.S. President Donald Trump signed a presidential memorandum on Thursday, initiating actions to consider imposing tariffs on a long list of nearly 1,300 Chinese imported products worth about $60 billion.

The move could limit China’s ability to invest in the U.S. technology industry, setting the stage for a possible trade war with Beijing.

The decision to take action is a result of an investigation conducted by the U.S. Trade Representative to determine whether Beijing’s trade practices may be “unreasonable or discriminatory” and that may be “harming American intellectual property rights, innovation or technology development.” After a seven-month investigation, the USTR found the policies were in violation.



 

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