Bookmark Kaumudi Online  Bookmark this site  Editor@Kaumudi  |  Marketing  Print Advt rates  |  Calendar 2018        Go!    
September 20, Thursday 2018 3:34 AM       

       HEADLINES: Police take pervert home guard into custody                                              Cabinet clears ordinance to make triple talaq penal offence: Law Minister                                              Forces within JNU 'waging war against India', says Sitharaman                                              US-China trade war could last for 20 years: Jack Ma                                              Didn't expect Arjuna this year: Hima Das                                              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
       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."

Next Article: India, Bulgaria ink two MoUs
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  
First ‘red heifer’ born in Israel for 2000 years triggers armageddon fears  
US wants Pakistan to fully cooperate in war against terrorism: NSA  
Pak court issues arrest warrants against former prime minister  
UN sees 70% chance of El Nino event this year  
North Korea stages huge parade, holds back on advanced missiles  
Six dead in Nepal chopper crash  
International Criminal Court to investigate crimes against Rohingyas  
Pakistan focussed to undermine India's territorial integrity through terrorism: India at UN  
Russia confirms air strikes on Syria's Idlib  
US likely to slap tariffs on $200 bn of Chinese goods  
India, Bulgaria ink two MoUs  
Do you think forced salary challenge is acceptable in the current situation?
don't know
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]
Customer Service -Advertisement Disclaimer Statement   |  Copyright Policy