Bookmark Kaumudi Online  Bookmark this site  Editor@Kaumudi  |  Marketing  Print Advt rates  |  Calendar 2018        Go!    
 
 
September 25, Tuesday 2018 6:14 PM       

       HEADLINES: P K Sasi controversy: Evidence collected from 6 persons                                              Violinist Balabhaskar’s daughter dies in accident                                              Tamil movie incites murder in Thiruvananthapuram                                              Abhilash Tomy brought to Amsterdam                                              Govt promise turns farce; farmer commits suicide in Wayanad                                              Rahul Gandhi a 'directionless leader', Cong creating campaign based on lies: Javadekar                                              Amit Shah to attend BJP workers meet in Jaipur on Wednesday                                              Pak won't abandon peace efforts despite India's reluctance: Qureshi                                              Maldives government acknowledges opposition victory                                              Trump's latest tariffs on China begin to bite                                              China says can't hold US trade talks with 'knife to the throat'                                              I'm a 'scapegoat' says sacked Sri Lanka captain Mathews                                              Test cricket should not be tinkered with, says Kohli                                              Kaumudi Facebook
       WORLD Next Article: India, Bulgaria ink two MoUs  
       US likely to slap tariffs on $200 bn of Chinese goods
 
         Posted on :17:45:20 Sep 6, 2018
   
A A
       Last edited on:17:45:20 Sep 6, 2018
         Tags: US, Tariff, Chinese goods
 

WASHINGTON DC: The Donald Trump administration is eyeing another package of tariffs on Chinese products as the trade war between Washington and Beijing showed no signs of abetting.
The US is likely to impose tariffs on USD 200 billion of Chinese products on September 7 after the public comment period on taxes closes on September 6.
The US sought public comments on the proposed list of products that would be affected by the tariffs. Last month, public hearings were held and American businesses were permitted to submit their written comments on the proposal, CNN reported.
In July, Washington had slapped 25 per cent tariffs on USD 34 billion of Chinese imports and imposed another USD 16 billion last month. China retaliated by imposing 25 per cent tariffs on American goods worth USD 16 billion.
It is yet to be clear whether the new tariffs by the US would be set at either 10 per cent or 25 per cent.
So far, Beijing has imposed 25 per cent tariffs on USD 50 billion of American goods. It has also threatened Washington to impose another round of tariffs amounting to USD 60 billion of US products.
Last month, Trump had directed the Office of the United States Trade Representative to probe the impact of a 10 per cent tariff, which was later increased to 25 per cent, the report said.
China is the US' largest trading partner, with almost USD 506 billion worth of Chinese products being sold to Washington last year.
On the one hand, the Trump administration recently slapped tariffs on various countries, including China, claiming that the US was "being treated unfairly in trade" and accusing Beijing of "stealing intellectual property". On the other hand, China chided the US for indulging in "trade bullying."

A A
       WORLD
Next Article: India, Bulgaria ink two MoUs
 
 
WORLD HEADLINES
China says can't hold US trade talks with 'knife to the throat'  
Trump's latest tariffs on China begin to bite  
Maldives government acknowledges opposition victory  
Pak won't abandon peace efforts despite India's reluctance: Qureshi  
Japanese supply ship heads to space station after delays  
Pak PM Imran hits out at India, calls its response "arrogant" for cancelling talks  
Russia warns US it is 'playing with fire' with sanctions  
US Senate committee postpones Kavanaugh hearing  
Russia warns US it is 'playing with fire' with sanctions  
Kim, Moon join hands on peak of sacred North Korean volcano  
Korean leaders undertake joint excursion to Mt. Paektu  
US-China trade war could last for 20 years: Jack Ma  
Nepal: Madhesis confident of govt addressing their demands  
Imran Khan govt auctions 70 luxury cars as part of austerity drive  
Germany rolls out world's first hydrogen train  
British PM 'irritated' by leadership speculation  
UN report on Kashmir has no mention of Pak-sponsored terrorism  
Trump claims Hurricane Maria death toll rose 'like magic'  
Iran orders the closure of a pro-reform newspaper  
Russia says no to US demands on inspections of chemical facilities  
‘Threat becomes reality’: Florence begins days of rain, wind  
Criticising government costing broadcasters in Maldives  
Suu Kyi says handling of Rohingya could have been better  
Putin urges 'security guarantees' for NKorea denuclearisation  
Japan's Abe expresses support for better Trump-Kim ties  
 
Do you agree with KCBC's statement against nuns who protested?
yes
 
no
 
no opinion
 
 
 
Home Kerala India World Business Sports Sci&Tech Education Automobile CityNews Movies Environment Letters 
© Copyright keralakaumudi Online 2011  |  Reproduction in whole or in part without written permission is prohibited.
Head Office Address: Kaumudi Buildings, Pettah P.O, Trivandrum - 695024, India.
Online queries talk to Deepu Sasidharan, + 91 98472 38959 or Email deepu[at]kaumudi.com
Customer Service -Advertisement Disclaimer Statement   |  Copyright Policy