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The increases are in response to the US announcing it wholesale silicone rubber will impose tariffs on USD 200 billion worth of Chinese-made goods starting next week. Those plans include “Made in China 2025,” which calls for creating powerful Chinese entities to compete in robotics and other fields.At the root of the trade war are US complaints about China’s plans to try to overtake US technological supremacy.

The administration is targeting a bewildering variety of goods — from sockeye salmon to baseball gloves to bamboo mats — forcing US companies to scramble for suppliers outside China, absorb the import taxes or pass along the غير مجاز مي باشدt to their customers.”The trade gap means China will run out of US imports to tax while the US still has plenty of Chinese imports to target.The US taxes are targeting Chinese goods that Washington says have benefited from improper industrial policies.Last week, the American Chambers of Commerce in China and in Shanghai reported 52 per cent of more than 430 companies that responded to a survey said they have faced slower customs clearance and increased inspections and bureaucratic procedures. “I urge China’s leaders to take swift action to end their country’s unfair trade practices. The US says the plans are based on stolen technology, violate China’s market-opening commitments and might erode American industrial leadership.“China has had many opportunities to fully address our concerns,” Trump said in a statement.”In the first two rounds of tariffs, the Trump administration took care to try to spare American consumers from the direct impact of the import taxes. And in a victory for Apple Inc.China’s Finance Ministry said its tariff increases are aimed at curbing “trade friction” and the “unilateralism and protectionism of the United States. The tariffs will start at 10 per cent, then rise to 25 per cent on Jan. But Beijing has other ways to retaliate.

“The downward spiral that we have previously warned about now seems certain to materialize,” said William Zarit, the chamber’s chairman.American companies and trading partners including the European Union and Japan have longstanding complaints about Chinese market barriers and industrial policy.Trump has also complained about America’s gaping trade deficit — USD 336 billion last year — with China, its biggest trading partner.”The two countries have already imposed import taxes on USD 50 billion worth of each other’s goods.., the administration removed smart watches and some other consumer electronics products. If the United States insists on raising tariffs even more, China will respond accordingly,' finance ministry said in a statement. That would raise the total affected by US penalties to USD 517 billion, covering nearly everything China sells to the United States.Trump has strained relations with potential allies including the European Union, Canada and Mexico by raising tariffs on imported steel and aluminium. The tariffs focused on industrial products, not on things Americans buy at the mall or via Amazon. He demanded Canada and Mexico renegotiate the North American Free Trade Agreement to make it more favourable to the United States.

“No one will emerge victorious from this counter-productive cycle. American companies say regulators are already starting to disrupt their operations.“Contrary to views in Washington, China can — and will — dig its heels in and we are not optimistic about the prospect for a resolution in the short term,” said Zarit of the American Chamber of Commerce.By expanding the list to USD 200 billion of Chinese products, Trump may spread the pain to ordinary households. President Donald Trump threatened to add an additional USD 267 billion in Chinese imports to the target list if China retaliated for the latest US taxes.”There was no word on whether China would back out of trade talks it said it was invited to by the US, but a Chinese Commerce Ministry statement said the US increase “brings new uncertainty to the consultations. But they object to Trump’s tactics and warn the dispute could chill global economic growth and undermine international trade regulation