男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

Global EditionASIA 中文雙語(yǔ)Fran?ais
World
Home / World / China-US

US business group opposes broad tariffs on China

By CHEN WEIHUA/ZHOU JIN | China Daily | Updated: 2018-03-17 07:07
Share
Share - WeChat
Thomas Donohue, president and chief executive officer of the US Chamber of Commerce, speaks during a State of American Business address in Washington, Jan 10, 2018. [Photo/VCG]

The US Chamber of Commerce, the world's largest trade federation, voiced strong opposition to US President Donald Trump's reported plan to impose sweeping tariffs on China.

Thomas Donohue, president and CEO of the chamber, which represents more than 3 million businesses, said the chamber understands the Trump administration's concern over the impact of China's industrial policies and trade practices.

"But the US Chamber would strongly disagree with a decision to impose sweeping tariffs," Donohue said in a statement released on Thursday.

Concerns about a trade war between the world's two largest economies have grown in the past two days. White House officials were quoted by Reuters on Wednesday as saying that the Trump administration may in the coming week or two announce a $60 billion punitive tariff, primarily targeting China's technology and telecommunications products, for the country's alleged intellectual property violations. A Wall Street Journal report put the number at $30 billion.

The United States initiated a Section 301 investigation under the US Trade Act of 1974 into China's intellectual property policies and practices in August.

"Simply put, tariffs are damaging taxes on American consumers," Donohue said. Tariffs of $30 billion a year would wipe out over a third of the savings US families received from doubling the standard deduction under recent tax reforms, and if the tariffs reach $60 billion, it would be even more devastating, he said.

Such tariffs could lead to a destructive trade war with serious consequences for US economic growth and job creation, he said.

"The livelihoods of America's consumers, businesses, farmers and ranchers are at risk if the administration proceeds with this plan," Donohue said. "We urge the administration to not impose these tariffs and to work with the business community to resolve the real and justifiable concerns raised by Chinese trade practices."

The US China Business Council, a Washington-based group representing more than 200 US companies in China, tweeted on Wednesday that its 2017 member survey found that most respondents think growth prospects in China are better than in other markets. In Beijing, Foreign Ministry spokesman Lu Kang said at a daily news conference on Friday that he noted Donohue's statement, saying an increasing number of farsighted people in the US are speaking rationally on bilateral trade relations. There is no winner in a trade war and it will only harm both countries, he said.

Trade with China has considerably reduced the average costs for US households, Lu said, adding, "I don't believe such cooperation would have lasted until now if it benefited only the Chinese side."

It is normal for China and the US to have some disputes and friction, he said. "The key point is to manage disputes in a constructive manner."

Contact the writers at chenweihua@chinadailyusa.com

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 吴江市| 化州市| 信阳市| 巴南区| 澄城县| 邹平县| 始兴县| 子洲县| 辽源市| 遂昌县| 江油市| 聂荣县| 靖远县| 十堰市| 金昌市| 甘孜县| 沙坪坝区| 临泉县| 深圳市| 华坪县| 织金县| 甘孜县| 荆门市| 南丹县| 阿拉尔市| 平凉市| 原平市| 行唐县| 吉木乃县| 库车县| 临沭县| 石河子市| 昂仁县| 柘城县| 托克逊县| 慈利县| 太湖县| 杭锦旗| 米脂县| 闻喜县| 通道|