 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 by AFP Staff Writers Washington (AFP) Oct 5, 2021
The United States announced Tuesday it will take public comments regarding exclusions from its tariffs on China as President Joe Biden's administration grapples with what it views as Beijing's failure to honor a trade deal. US Trade Representative (USTR) Katherine Tai had the day prior announced Washington would seek "frank conversations" with China over its adherence to a 2020 agreement meant to cool commercial tensions between the two economic powers. That deal came after Biden's predecessor Donald Trump imposed tariffs on $370 billion of Chinese products in 2018, citing trade practices Washington deemed "unfair." However many US companies have criticized the levies, saying they drive up costs, since importers bear their brunt, and on Tuesday USTR announced a "targeted tariff exclusion process." More than 2,200 exclusions had previously been granted and 549 extended until most expired at the end of last year, USTR said in a statement. "As these exclusions were previously found to warrant additional time, USTR will evaluate, on a case-by-case basis, the possible reinstatement of each exclusion," the statement said. "The focus of the evaluation will be whether... the particular product remains available only from China." The public comment period runs from October 12 through December 1, and USTR said it would weigh the exclusion's impact on factors including employment, supply chains and its overall policies towards China.
EU leaders seek unity on how to face China and US Brdo Castle, Slovenia (AFP) Oct 5, 2021 EU leaders held tough discussions on Europe's place in the world at a summit on Tuesday, as they sought unity on how to deal with superpowers China and the United States. The gathering at Brdo Castle in Slovenia was their first meeting since June and saw them grapple with the fallout from the Taliban's takeover of Afghanistan and a US submarine pact with Australia that enraged France. The dinner took place on the eve of an EU-Western Balkans summit in which countries to the bloc's east will se ... read more
|
|||||||||||||
|
|
| The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us. |
del.icio.us
Digg
Reddit
Google
