The White House: will impose a 25% tariff on China's 50 billion US dollars of goods, announced on June 15

The US White House official website issued a statement on the 29th that the United States will strengthen export controls on relevant Chinese and entities acquiring major US industrial technologies, and adopt specific investment restrictions. It is planned to officially announce relevant measures before June 30, 2018, and will be formally implemented shortly thereafter. . 1527642277469175.jpg
The statement also stated that according to Article 301 of the Trade Act of 1974, the United States will impose a 25% tariff on goods valued at $50 billion imported from China, including those related to the "Made in China 2025" program. The final list of imported goods will be announced on June 15, 2018, and tariffs will be imposed on these imported products later. For China-US bilateral economic and trade relations, China's Ministry of Commerce spokesman Gao Feng said that China opposes the unilateralist approach of the US 301 investigation. Gao said that more than 90% of the more than 2,000 written comments that have been published in the United States object to the imposition of tariffs on Chinese products. This fully demonstrates that the US 301 investigation measures are unpopular. We hope that the US government will recognize the public opinion and terminate the relevant procedures of the 301 investigation. Gao Feng also said that China is willing to expand imports from countries around the world, including the United States, and welcomes companies from all over the world, including US companies, to come to China. It is hoped that the US will cancel the undue trade restrictions, improve supply capacity, give fair and fair treatment to Chinese products and Chinese investment, and promote the complementary economic advantages of the two countries to achieve mutual benefit and win-win results.

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