US Announces Billions of Dollars in new Import Taxes on China
United States President Donald Trump has signed an order calling for up to $60 billion in new tariffs on Chinese imports.
The order seeks to punish China for, in his words, the theft of American "intellectual property," including inventions and research. The action also calls for restrictions on the transfer of technology to China.
Robert Lighthizer is the U.S. Trade Representative. He said that intellectual property is an important part of the trade problem with China.
"Our view is that we have a very serious problem of losing our intellectual property which is really the biggest single advantage of the American economy, in my opinion, is our intellectual property and our ability to generate new intellectual property."
Trump blamed the trade imbalance between the two countries for the loss of American jobs. He said, "It is the largest deficit of any country in the history of our world."
China's trade surplus with the U.S. last year was about $375 billion. Trump said that with the increased tariffs he hopes to cut the trade deficit with China by $100 billion.
The administration said the president will direct the U.S. trade office to publish a list of proposed tariffs for public comment within 15 days. The Treasury Department will also come up with a list of restrictions on Chinese investment.
Ahead of Trump's announcement, China warned that it will take "all necessary measures" to defend itself. The actions raised the possibility of a trade war between the two biggest economies and sent global stock markets lower.
Chinese officials say the U.S. trade deficit with China is the result of U.S. trade policy. Chinese officials note that the U.S. bars the export of many high-technology products.
Chinese Foreign Ministry spokeswoman Hua Chunying said the products traded have unequal values.
She said, "How many soybeans should China buy that are equal to one Boeing aircraft? Or, if China buys a certain number of Boeing aircraft should the U.S. buy an equal number of C919s (Chinese aircraft)?"
U.S. agriculture exports to China are almost $20 billion. Most of that number is shipments of soybean. If China were to target soybeans, it would hurt farm states like Iowa, the home state of U.S. Ambassador to China, Terry Branstad.
Boeing has said it expects China to buy aircraft worth $1.1 trillion by 2036. But China is also developing its own C919 passenger plane.
The Chinese foreign ministry added that it hopes to hold useful talks with the U.S. Hua said the goal is to reach what she called "a win-win solution" to settle trade issues.
Concerns over a trade war increase
Mary Lovely is an expert at the Peterson Institute for International Economics. She told the AP the possible tariffs are "a very big deal." She said, "The Chinese see them as a major threat and do not want a costly trade war."
American businesses, including Walmart, Apple and other technology companies, also oppose a trade war. Forty-five American trade associations warned that tariffs will raise the price of goods for Americans, hurt jobs and financial markets.
Scott Kennedy is with the Centers for Strategic and International Studies in Washington. He told VOA, over the short-term, that is true. But, if such a policy could get China to reduce its barriers to trade, American buyers and businesses would gain while increased trade would also be good for China.
Trump said Thursday's action would be "one of many." The U.S. recently placed tariffs of 25 percent on steel and 10 percent on aluminum imports. Some countries, including Canada and Mexico, are not subject to the new taxes.
I'm Mario Ritter.
1.intellectual property 知识产权
There was a significant decline in the size of the business as the company transitioned to an intellectual property company.
2.financial markets 金融市场
The financial markets have given the thumbs up to the new policy.
3.be equal to 与...对等
As a hub of finance and communications, Paris is now almost equal to London.
4.stock markets 股票市场
In the rich world, collapsing stock markets and corporate scandals have shaken confidence and mutual trust.
5.In my opinion, is our intellectual property and our ability to generate new intellectual property."
In one's opinion 在某人看来
I have personally never done such a complete turnaround in my opinion of a person.。
In my opinion, the decision was wholly justified.
6.She told the AP the possible tariffs are "a very big deal."
a very big deal 事关重大；了不起
Sam thinks he's a very big deal since he got the promotion.
We are getting ready to blow a very big deal.
罗伯特·莱特希泽（Robert Lighthizer）是美国贸易代表。他说，知识产权是与中国贸易问题的重要部分 。
美国对华农业出口接近200亿美元。其中大部分是大豆的出口 。如果中国把大豆作为管制目标，将会伤害到爱荷华等农业州的利益，爱荷华州是美国驻中国大使特里·布兰斯塔德（Terry Branstad）的故乡 。
玛丽·拉夫利（Mary Lovely）是彼得森国际经济研究所的专家。她对美联社表示，征收这笔可能的关税“事关重大 。”她说，“中国视其为一项重大威胁，也不想引发代价巨大的贸易战 。”
斯科特·肯尼迪（Scott Kennedy）就职于华盛顿战略与国际研究中心。他对美国之音表示，短期来看，这是不争的事实 。但这类政策若能让中国减少贸易壁垒，那么美国消费者和企业将会获益，而增加贸易也会对中国有利 。
特朗普表示，周四的命令只是众多举措之一。近日，美国决定对进口钢铁、铝制品征收25%和10%的关税 。而加拿大和墨西哥等国家不在这种新税种的征收范围内 。