On April 3, local time, the Office of the United States Trade Representative announced the list of Chinese products to be subject to additional tariffs based on the results of the “301 investigation.” The list involves industries such as aerospace, information and communications technology, robotics and machinery, and contains approximately 1,300 independent tariff items. The Office of the U.S. Trade Representative recommended imposing an additional 25% tariff on Chinese products on the list, saying that this move is aimed at making up for the losses suffered by the United States in the technology field.
The list published by the Office of the United States Trade Representative shows that most of the goods are not directly for daily consumers, including chemicals, pharmaceuticals, rubber products, metal products, stainless steel products, aluminum alloy products, turbojet products, light-emitting diodes, motorcycles and dental equipment, among others. However, due to the wide scope of the list, it is bound to affect the production and supply chains of American companies. According to the schedule of the Office of the United States Trade Representative, this list will later go through multiple hearings.
The Office of the U.S. Trade Representative issued a statement stating that the U.S. Trade Representative’s Office had submitted a request to the World Trade Organization (WTO) a few days ago to negotiate with China on China’s discriminatory technology licensing requirements. Such consultations are the first step in the WTO dispute settlement process. If the United States and China cannot reach a negotiated solution, the United States can request the establishment of a WTO dispute settlement panel to review the issue.
Recently, U.S. Trade Representative Lighthizer said in an interview with the media that he will give a 60-day window period before tariffs on Chinese goods take effect, and that tariffs may not be imposed before June this year. When asked whether China and the United States could avoid tariff conflicts through negotiations, Lighthizer said: “I think there is hope.” He also said that it will take several years to “bring China-U.S. trade relations to a good place.” year time.
According to a Section 301 investigation by the Office of the U.S. Trade Representative, U.S. President Trump announced in March that the United States would impose tariffs on approximately $50 billion of Chinese imports and take other actions in response to China’s policies that have forced U.S. companies to Transfer their technology and intellectual property to domestic Chinese companies.
On April 2, local time, Cui Tiankai, Chinese Ambassador to the United States, stated in a media interview that China’s decision to impose additional tariffs on some products imported from the United States was in response to the U.S. Section 232 investigation. At present, the United States has not announced the list of products subject to additional tariffs imposed on China under Section 301 investigation. Once announced, China will resolutely fight back.
In response to the U.S. accusation that China has stolen intellectual property and forced technology transfer, Ambassador Cui said that the U.S. accusation has no basis. Business transactions are voluntary. Chinese laws protect intellectual property rights, and there are no laws or regulations that force foreign companies to transfer technology. If a company believes that its intellectual property rights have been infringed, it should provide China with concrete evidence and resort to Chinese laws to resolve the matter. China is willing to provide help. Blaming accusations without evidence will not work.
China’s Ministry of Commerce has also previously stated that in response to the possibility that the United States will announce the results of the 301 investigation against China and take restrictive measures, it will take all necessary measures to resolutely defend its legitimate rights and interests. The person in charge of the Treaty and Law Department of the Ministry of Commerce said that China has expressed its position many times regarding the Section 301 investigation and we firmly oppose such unilateralism and trade protectionist actions by the United States. “China will never sit back and let its legitimate rights and interests be harmed, and will take all necessary measures to resolutely defend its legitimate rights and interests.” The person in charge said. We hope that the United States can clearly understand the mutually beneficial and win-win nature of China-US economic and trade relations and refrain from actions that harm others and itself. (Title: The United States releases a list of Chinese goods to be subject to additional tariffs: worth US$50 billion)
AAA Anti-UV Fabric Network VBJYTUJGHNH
