Laptops and garlic among 3,805 Chinese products targeted by USA for potential tariff hikes
Source: Tanjug
Tuesday, 14.05.2019.
12:41
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Illustration (Photo: ChameleonsEye/shutterstock.com)
The U.S. Trade Representative’s Office (USTR) issued its target list after Beijing announced tariff hikes Monday on USD 60 billion of American goods in their spiraling dispute over Chinese technology ambitions and other irritants. Chinese authorities were reacting to President Donald Trump’s surprise decision last week to impose punitive duties on USD 200 billion of imports from China.
A June 17 hearing would be held before Washington decides how to proceed, the USTR said in a statement, as reported by AP.
Asian stock markets fell Tuesday as the fight, with no negotiated settlement in sight, fed investor anxiety about the impact on global economic growth. China main market index lost 0.7% while Tokyo’s benchmark declined 0.6%. Hong Kong, Australia and Taiwan fell.
Tags:
US Trade Representative s Office
USTR
Donald Trump
Chinese goods targeted for tariff hikes by US
laptops
saw blades
turbine parts
tuna
garlic
pharmaceutical products
rare earths minerals
Asian stock market
China main market index
Tokyo benchmark
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