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U.S. tariffs on US$ 16 billion worth of Chinese imports takes effect on Aug.23rd

2018-08-23 2 Dailymotion

미국, 160억달러 中수입품에 25% 관세 부과 개시...중국 상무부 "미국 관세 부과에 단호히 반대<br /><br /> Here's the latest on the trade spat between the world's two biggest economies.<br />America's tariffs on 16-billion U.S. dollars' worth of Chinese imports took effect on Thursday. <br />Beijing responded with its own duties, the same amount.<br />For details let's turn to our Ko Roon-hee. <br /> Starting Thursday, the United States is charging 25-percent tariffs on another 16-billion dollars' worth of Chinese imports.<br /> Among the 279 items that'll be affected are key products like semiconductors, chemicals and plastics.<br />Combined with the tarrifs imposed last month, the U.S. now has duties on China worth 50 billion dollars.<br /><br /> The two sides seem far from a resolution... because China retaliated with tariffs of its own on Thursday, also worth 16 billion dollars.<br />China's tariffs will apply to 333 products,… including coal, fuel, steel and automobiles. <br />The Commerce Ministry in Beijing released a statement saying Washington was being obstinate by charging the new tariffs… and that China will continue to take necessary countermeasures.<br /> The ministry also said it will file a complaint against the U.S. with the World Trade Organization,… in its words, to protect free trade and multilateral systems.<br /><br />In the long term, China expressed its willingness to work things out.<br />Its foreign ministry said it hopes for good results in the future.<br /><br />"We hope that the U.S. side can meet China halfway, with a rational and pragmatic attitude, and work with China conscientiously toward a good result."<br /><br />This escalation in the trade war comes despite a high-level delegation from China visiting Washington for trade talks on Wednesday.<br /> Although many expressed hope that the meeting would relieve the rising tensions,... U.S. President Donald Trump had told Reuters on Monday that he didn't expect much.<br />Ko Roon-hee, Arirang News. <br />

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